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New York Community Bancorp call volume above normal and directionally bullish
The Fly

New York Community Bancorp call volume above normal and directionally bullish

Bullish option flow detected in New York Community Bancorp with 9,654 calls trading, 3x expected, and implied vol increasing over 16 points to 79.26%. Oct-24 4.5 (nonstd NYCB1) calls and Jan-26 8 (nonstd NYCB1) calls are the most active options, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 0.07. Earnings are expected on July 25th.

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