Banco Santander (STD) volatility flat shares near five month low

Banco Santander (NYSE: STD) is recently down 18c to $1.92. June 10 and September 11 puts are active on total call volume of 2K contracts (3K puts). June, July and September put option implied volatility of 39 is near its six-month average according to Track Data, suggesting non-directional price movement.

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