Bullish option flow detected in Truist Financial (TFC) with 5,502 calls trading, 1.0x expected, and implied vol increasing almost 2 points to 24.79%. Dec-24 50 calls and Jan-25 35 calls are the most active options, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 0.24. Earnings are expected on January 17th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TFC:
- Truist Financial price target raised to $52 from $48 at Wells Fargo
- Truist Financial Announces Key Leadership Transition
- Truist pays over $9M to resolve allegations concerning SunTrust, DOJ announces
- Truist Financial price target raised to $46 from $45 at RBC Capital
- Options Volatility and Implied Earnings Moves Today, October 17, 2024