Puts Purchased on Capitol Federal Financial (CFFN)

Shares of Capitol Federal Financial CFFN are lower on the session by 0.64%, currently trading at $23.19. The stock has been moving largely lower over the past six months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short while ago the May 2011 $22.20 put was purchased 1,000 times, on the offer, for $1.20 on open interest of 2,737 contracts. Overall put volume is now running at 48.57x the daily average with 100% of all puts traded being purchases on the offer. Capitol Federal Financial is a federally chartered mid-tier mutual holding company that operates through its wholly owned subsidiary, Capitol Federal Savings Bank. The bank is a federally chartered and insured savings bank headquartered in Topeka, Kansas. The bank attracts retail deposits from the general public and invests those funds primarily in permanent loans secured by first mortgages on owner-occupied, one- to four-family residences.