Pre-earnings options volume in Capital One is 2.4x normal with puts leading calls 6:5. Implied volatility suggests the market is anticipating a move near 4.7%, or $5.09, after results are released. Median move over the past eight quarters is 4.7%.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on COF:
- Capital One Reports Fourth Quarter 2022 Net Income of $1.2 billion, or $3.03 per share
- Notable companies reporting after market close
- Banks teaming up to launch digital wallet to compete with PayPal, WSJ reports
- Capital One (NYSE:COF) Eliminates 1,100 Tech Jobs
- Capital One slashes over 1,100 technology positions, Bloomberg reports