Unusual Near-Term Put Buying Activity in Regional Banks -Susquehanna

Susquehanna options strategist Alison Edwards notes near-term put buying activity in regional banks, citing these option trades:

• In BB&T Corp. (NYSE: BBT) an opening investor bought 2k Jul 42 Puts following Jun put buyers yesterday.
• In Comerica (NYSE: CMA) an investor bought 2k Jun 70 Puts, following similar trading in recent sessions.
• In Fifth Third Bancorp (NASDAQ: FITB) an investor bought 2k Jul 24 Puts, opening.
• In Zions Banc Corporation (NASDAQ: ZION) an investor bought 3k Jun 41/39 Put spreads, rolling long puts up to the higher strike.

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