Options Corner: Decoding New York Community's Contract Activity

Benzinga ·  02/12 23:35

Investors with a lot of money to spend have taken a bullish stance on New York Community Bancorp(NYCB.US). The overall sentiment of traders is split between 58% bullish and 41%, bearish for the direction of the NYCB stock price.Out of all of the special options we uncovered, 8 are puts, for a total amount of $383,300, and 4 are calls, for a total amount of $379,774.Predicted Price RangeAfter evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $1.0 and $7.0 for New York Community, spanning the last three months.Volume & Open

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