wwwPosted Jun 13th 2008 10:22AM by Paul Foster
Filed under: Options
SunTrust Banks (NYSE: STI) closed at $43.97 Thursday. STI July option implied volatility of 64 is above its 26-week average of 41 according to Track Data, suggesting larger price uncertainty.
PNC Financial Services (NYSE: PNC) closed at $59.73 Thursday. PNC July option implied volatility of 41 is above its 26-week average of 35, suggesting larger price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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