SunTrust

Shares of banks SunTrust Inc (NYSE: STI) is higher at the session of 4.07%, currently trading at $ 23.54. Fund trade was largely low over the past three months, with the recent highs near $ 32.00.

Options traders are betting on the stock could rally from here. Call options on almost all the strike in July were bought in this morning, heavy volume is a $ 24.00 strike, where 7,900 contracts traded on open interest of 1,362 contracts.


Call volume is currently working on 4.2x daily average.

Banks SunTrust, Inc is a diversified financial services holding company, which provides a range of financial services to consumers and corporate clients. Through its principal subsidiary, SunTrust Bank, the company provides deposit, credit, and trust and investment services.