10174 STI Apr21 60 calls went up in1 block on the PHLX marked buy-write
Shares of SunTrust Banks, Inc. (STI) are up 1.45 to 57.93 today.? STI is making a 52 week high.
- Paper traded 10174 STI Apr21 60 calls for 1.45.?
- The ADV is 2471 contracts per day.?
- The OI is 1027 contracts.
The volume went up in1 block on the PHLX marked buy-write.? The trade is Strange in that only 81000 shares traded against 10174 contracts.? That is over 1 million share option equivalents against 81000 shares of the stock.? The trade was posted near the bid so if a buy write is on a 10 to 1 ratio which is quite extreme.
- IV 30 is trading 22%.?
- HV10 is trading for 27%.?
- IV 30 is trading below the HV 10.
SunTrust Banks, Inc. is a bank holding company and a financial holding company.