Investors could buy the bank’s October $29 call options that expire on Oct. 25. The trade positions investors at the forefront of potentially favorable events and lets them take advantage of cheap implied volatility.

source https://finance.yahoo.com/m/c29b1487-1b18-33f5-9185-39dcf48f4627/bank-of-america-stock-is-out.html?.tsrc=rss