41800 RF Feb2017 13 calls went up in 1 block on the PHLX.

RF

Shares of Regions Financial Corp (RF) are up .23 to 12.42 today.? RF is near the top of the 52 week range.

  • Paper traded 41800 RF Feb2017 13 calls for .35. ?
  • The ADV is 3102 contracts.?
  • The OI is 130 contracts.

The volume went up in 1 block on the PHLX. This call block went up on the bid and is most likely a yeild play for a holder of RF.? The trade would yield roughly 3% to Feb with RF at the same price as today.

  • IV 30 is trading for 29%.?
  • HV10 is trading for 47%.?
  • IV 30 is trading above the HV 10.

Regions Financial Corporation is a financial holding company. The Company conducts its banking operations through Regions Bank, an Alabama state-chartered commercial bank, which is a member of the Federal Reserve System.