Options update 1-17-08: Regional banks' volatility Elevated (RF, HBAN)

Posted Jan 17th 2008 8:16AM by Paul Foster
Filed under: Options

Regions Financial (NYSE: RF), a financial holding company with nearly $138 billion of assets in Birmingham, Alabama, is expected to report EPS on January 22. RF closed at $21.16. RF February option implied volatility of 58 is above its 26-week average of 33 according to Track Data, suggesting larger risk.

Huntington Bancshares (NASDAQ: HBAN), a $54 billion regional bank holding company headquartered in Columbus, Ohio, closed at $12.43. HBAN is expected to report full Q4 EPS today. HBAN overall option implied volatility of 57 is above its 26-week average of 34 according to Track Data, suggesting larger risk.

Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Tags: financial holding company, FinancialHoldingCompany, Huntington Bancshares, HuntingtonBancshares, option implied volatility, OptionImpliedVolatility, regional bank holding company, RegionalBankHoldingCompany, Regions Financial, RegionsFinancial