Options Brief: Valley National Bancorp (VLY)

Shares of Valley National Bancorp VLY are lower on the session by 0.54%, trading at $12.94. Overall put volume is now running at 8.77x the daily average, with 62% of all puts traded being purchases on the offer. 1,123 contracts have traded on the session so far. Valley National Bancorp is a bank holding company. The company's principal operating subsidiary is Valley National Bank. The bank is a national banking association that provides a range of commercial and retail banking services.