Options Spy | Bank stocks are polarized and BAC call orders are exploding
@OptionsBB:
Ahead of major bank earnings, the market was in a wait-and-see mood, and large-cap stocks strengthened. Nvidia hit a record high after TSMC's fourth-quarter revenue beat expectations.The U.S. Securities and Exchange Commission (SEC) has reportedly approved applications for various Bitcoin spot ETFs. Earlier on Wednesday, CBOE Global Markets released Ark 21Shares Bitcoin ETF (ARKB), Fidelity Wise Origin Bitcoin ETF (FBTC), Invesco Galaxy Bitcoin ETF (BTCO). And new issuance notices for three other funds.The fourth-quarter earnings season starts with the big banks, with jpmorgan Chase, Citigroup, Wells Fargo and Bank of America due to report on Friday. Option large orders show a buy CALL order for Bank of America: