|Day Low/High||16.35 / 16.85|
|52 Wk Low/High||10.69 / 15.00|
The FDIC Quarterly Banking Profile for the fourth quarter of 2016 shows increasing exposures to construction and development loans, which are potential problems for these 14 community banks.
Investors in Old National Bancorp saw new options become available this week, for the February 17th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the ONB options chain for the new February 17th contracts and identified the following put contract of particular interest.
The FDIC has released positive data for community banks, but these 14 banks have rallied too far too fast.
Investors in Old National Bancorp saw new options become available today, for the March 2017 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 242 days until expiration the newly available contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration.
These 3 dividend stocks are rated a Buy by TheStreet
The FDIC Quarterly Banking Profile shows community banks aren't positioned to help stimulate economic growth on Main Street.
FCFS ONB SSNC are going ex-dividend tomorrow, Friday, May 27, 2016
The most recent short interest data has been released for the 05/13/2016 settlement date, which shows a 4,128,249 share decrease in total short interest for Old National Bancorp , to 6,800,869, a decrease of 37.77% since 04/29/2016. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.