COF options flow: unusual options activity in Capital One Financial Corp.
Updated 28 September 2026, 09:54 ET
Over the last week the tape recorded 59 unusual options prints in Capital One Financial Corp. (COF), $4.3M of tracked premium, close to even between bullish and bearish premium. Bullish premium was $1.9M against $1.9M bearish; $2.4M went into calls and $2.0M into puts, a put call ratio of 0.83. The largest print was $573K of COF 17 Sep 2027 $230 calls on 23 September 2026, swept at ask. The last session with prints, 25 September 2026, added 14 prints and $935K of premium. COF closed at $200.20 on 25 September 2026, up 1.8%.
This week's unusual flow
Prints from 21 September 2026 to 25 September 2026, 5 sessions. Delayed tier: every print is shown twenty minutes after it executed, and the page is rebuilt after each session.
Net premium is bullish minus bearish premium. The put call ratio is put premium divided by call premium, weighted by money rather than by contract count. Sweeps is the share of prints executed across several exchanges at once. Read the guide: Reading the Pulse.
Largest prints of the week
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 23 Sep 2026 | COF 17 Sep 2027 $230 calls | Sweep | 382 | 55 | $573K | At ask | Bullish | Whale |
| 25 Sep 2026 | COF 23 Oct 2026 $205 calls | Sweep | 408 | 41 | $257K | At bid | Bearish | High conviction |
| 23 Sep 2026 | COF 2 Oct 2026 $202.50 calls | Sweep | 861 | 14 | $204K | At bid | Bearish | High conviction |
| 23 Sep 2026 | COF 17 Jun 2027 $210 puts | Sweep | 71 | 842 | $186K | At bid | Bullish | High conviction |
| 23 Sep 2026 | COF 17 Sep 2027 $230 calls | Sweep | 114 | 55 | $171K | At ask | Bullish | High conviction |
| 24 Sep 2026 | COF 2 Oct 2026 $210 puts | Trade | 100 | 132 | $148K | At ask | Bearish | Notable |
| 23 Sep 2026 | COF 20 Nov 2026 $185 puts | Sweep | 311 | 43 | $140K | At ask | Bearish | High conviction |
| 24 Sep 2026 | COF 16 Oct 2026 $202.50 calls | Sweep | 435 | 43 | $139K | At bid | Bearish | High conviction |
| 23 Sep 2026 | COF 17 Jun 2027 $210 puts | Trade | 49 | 842 | $128K | At bid | Bullish | |
| 23 Sep 2026 | COF 17 Jun 2027 $210 calls | Sweep | 71 | 324 | $125K | At bid | Neutral | |
| 25 Sep 2026 | COF 23 Oct 2026 $205 puts | Sweep | 121 | 25 | $121K | At ask | Bearish | High conviction |
| 25 Sep 2026 | COF 19 Mar 2027 $145 calls | Trade | 20 | 26 | $111K | At ask | Bullish | Notable |
Size above open interest means the trade opened a position larger than everything that existed in the contract the night before. Above ask and below bid are the most aggressive executions. Read the guide: Size versus open interest.
Where the money is aimed
| Expiry | Prints | Premium | Calls share | Net premium |
|---|---|---|---|---|
| 17 Sep 2027 | 2 | $744K | 100% | +$744K |
| 17 Jun 2027 | 9 | $627K | 37% | +$447K |
| 20 Nov 2026 | 10 | $596K | 14% | -$198K |
| 2 Oct 2026 | 8 | $571K | 62% | -$398K |
| 23 Oct 2026 | 2 | $378K | 68% | -$378K |
| 16 Oct 2026 | 5 | $275K | 51% | -$172K |
The most premium, $744K, is aimed at the 17 Sep 2027 expiry; the nearest expiry with unusual prints is 2 Oct 2026.
A print in a contract expiring this week is a view about the next few days, often about a known event; a print months out is a different kind of statement. Read the guide: 0DTE options flow.
The last session, 25 September 2026
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 25 Sep 2026 | COF 23 Oct 2026 $205 calls | Sweep | 408 | 41 | $257K | At bid | Bearish | High conviction |
| 25 Sep 2026 | COF 23 Oct 2026 $205 puts | Sweep | 121 | 25 | $121K | At ask | Bearish | High conviction |
| 25 Sep 2026 | COF 19 Mar 2027 $145 calls | Trade | 20 | 26 | $111K | At ask | Bullish | Notable |
| 25 Sep 2026 | COF 25 Sep 2026 $200 puts | Sweep | 264 | 461 | $79K | At ask | Bearish | Notable |
| 25 Sep 2026 | COF 9 Oct 2026 $200 puts | Sweep | 100 | 23 | $52K | At bid | Bullish | High conviction |
Every print in COF with its full detail, the live tape, one tap filters and saved screeners: open COF in Options Sentiment Screener.
Price
The live quote and the price chart sit beside the ticker's flow in the app: open COF in Options Sentiment Screener.
Analysts
The most recent analyst targets on file, from 15 firms, have a median of $255, 27.4% above the last close. The last 90 days brought 1 upgrade.
Calls bought at a strike above the average target are a bet that the analysts are too cautious; puts far below the price in a name they like are protection or a strong disagreement. Read the guide: Reading one ticker's flow.
About Capital One Financial Corp.
- Exchange
- NYSE
- Sector
- Financials
- Industry
- Banking
- Headquarters
- McLean, Virginia
- Website
- capitalone.com
Capital One Financial Corporation operates through three segments: Credit Card, Consumer Banking, and Commercial Banking. The company accepts checking accounts, money market deposits, negotiable order of withdrawals, savings deposits, and time deposits. It serves consumers, small businesses, and commercial clients through digital channels, branches, cafés, and other distribution channels.
In the same sector
Flow pages for other Financials names in the S&P 500:
JPM JPMorgan Chase & Co.V Visa Inc.MA Mastercard Inc.BAC Bank of America Corp.MS Morgan StanleyGS Goldman Sachs Group Inc.WFC Wells Fargo & CompanyC Citigroup Inc.
Learn
- What unusual options activity means
- Reading one ticker's flow
- Sweeps, blocks and where a trade printed
- Size versus open interest
- Bullish or bearish, how a print's sentiment is inferred
- The conviction score and whale prints
The live tape for COF with every print's execution detail, one tap filters for calls, puts, sweeps and 0DTE, saved screeners and, for Realtime subscribers, push alerts and no delay. The same screen is in the iOS and Android apps.
Open COF in Options Sentiment Screener