Shares of New York Community Bancorp (NYCB) are up .18 to 15.92.? NYCB is in the middle of the 52-week range.
Today paper traded 3362 NYCB Apr 15 puts at .10.? ADV is 482 contracts.? The OI is 453 contracts.
The volume went up in several small blocks hitting the .10 on the puts.? The puts are still at .10 as of this writing.? The put seller is looking for some premium or a way to buy NYCB below current market prices.? The volatility is down 1.89 to 15.91 today.
30-day implied volatility is 15%.?? 10-day implied volatility is 18%.? 30-day implied volatility is trading above the 10-day historical volatility.
New York Community Bancorp, Inc. is a bank holding company and a producer of multi-family mortgage loans in New York City, with an emphasis on apartment buildings that feature below-market rents.