Bullish option flow detected in Synchrony with 7,861 calls trading, 10x expected, and implied vol increasing over 1 point to 29.62%. May-24 47 calls and Jul-24 50 calls are the most active options, with total volume in those strikes near 7,000 contracts. The Put/Call Ratio is 0.05. Earnings are expected on July 23rd.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SYF:
- Carvana upgraded, Block downgraded: Wall Street’s top analyst calls
- Synchrony extends partnership with Affordable Care offering CareCredit
- Synchrony upgraded to Outperform from Market Perform at Keefe Bruyette
- Synchrony participates in a conference call with JPMorgan
- Synchrony price target raised to $44 from $43 at BofA