Pre-earnings options volume in Synovus is 1.4x normal with puts leading calls 6:1. Implied volatility suggests the market is anticipating a move near 3.6%, or $1.27, after results are released. Median move over the past eight quarters is 3.7%.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on SNV: