Options Brief: Synovus Financial (SNV)

Shares of Synovus Financial SNV are lower on the session by 1.41%, trading at $2.79. Overall put volume is now running at 11.17x the daily average, with 3% of all puts traded being purchases on the offer. 5,204 contracts have traded on the session so far. Synovus Financial Corp., incorporated in 1972, is a diversified financial services company and a registered bank holding company. Synovus provides integrated financial services including commercial and retail banking, financial management, insurance and mortgage services to its customers through 30 wholly owned subsidiary banks and other offices in Georgia, Alabama, South Carolina, Florida and Tennessee.