Puts Sold on Capital One (COF)

Shares of Capital One Financial Corp. COF are higher on the session by 0.52%, currently trading at $39.02. The stock has been moving largely lower over the past five months, but is now nearing historical support, near $38.00. Options traders are selling outs on the name today, betting that that support level holds this week. The August $39.00 put was sold 2,100 times, on the bid, for $0.68 earlier in the session; open interest on the strike is 2,078 contracts. Capital One Financial Corporation is a diversified financial services company, whose banking and non-banking subsidiaries market a variety of financial products and services. Capital One, National Association, which offers a range of banking products and financial services to consumers, small businesses and commercial clients. Get free trades at tradeMONSTER!