Bank of America Corporation (BAC) - Trade Flow Update

Posted on 12/27/2012 by Evelyn Greenberg

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NEW YORK (AVAFIN) -- In an effort to determine if stock trades will be profitable, investors often assess block trades data used by both large and small institutions. By the end of the market session, financial institutions exchanged 2,290 block trades. Further analysis into yesterdays's trading activity reveal that 23,361,584 shares were bought and 23,324,904 shares were sold, yielding a 1.00 bought/sold ratio.

On the derivative side, a total of 260,446 put and 349,158 call contracts exchanged hands yesterday leading to a 0.75 put/call ratio.

Legacy legal liabilities and increasing capital requirements will inevitably require Bank of America to raise more capital, diluting shareholders. Additionaly, A financial institution of this size and complexity is inherently unmanageable--it's even possible that regulators might decide to break up the company.

Bank of America is one of the largest financial institutions in both the United States and the world, with lending operations in the consumer, small business, and corporate space, in addition to asset management and investment banking divisions. The company has operations in all 50 states.

On the volume side, 208M shares were traded which is greater than the average volume. Bank of America Corporation is trading above the 50 day moving average and higher than the 200 day moving average. Shares of BAC opened today at $11.66 and settled the day down $0.07 to $11.47 during the session. The day's trading range is between $11.23 and $11.69 respectively. Within the last month, shares of BAC have gained 26.95% of their value.


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