Bullish option flow detected in Fifth Third with 2,908 calls trading, 1.8x expected, and implied vol increasing almost 2 points to 29.83%. Nov-23 28 calls and Oct-23 28 calls are the most active options, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 0.27. Earnings are expected on October 19th.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on FITB:
- Fifth Third call volume above normal and directionally bullish
- Fifth Third raises quarterly dividend to 35c per share from 33c
- Federal Reserve Issues Hushed Warnings to Regional Banks
- Fed issued private warnings to regional banks on liquidity, Bloomberg reports
- Nvidia upgraded, Estee Lauder downgraded: Wall Street’s top analyst calls
