Options Brief: Central Pacific Financial Corp. (CPF)

Shares of Central Pacific Financial Corp. CPF are higher on the session by 4.97%, trading at $29.79. Overall put volume is now running at 5.97x the daily average, with 48% of all puts traded being purchases on the offer. 2,025 contracts have traded on the session so far. Central Pacific Financial Corp. is a bank holding company for its banking subsidiary, Central Pacific Bank. Through its bank and its subsidiaries, it offers full-service commercial banking with 37 bank branches and approximately 100 automated teller machines located throughout the state of Hawaii.