Bullish option flow detected in Wells Fargo with 18,387 calls trading, 1.3x expected, and implied vol increasing over 1 point to 28.00%. Jan-23 50 calls and Dec-22 47 calls are the most active options, with total volume in those strikes near 4,200 contracts. The Put/Call Ratio is 0.57. Earnings are expected on January 13th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on WFC:
- JP Morgan, WFC, and BAC in Talks to Reimburse Scammed Zelle Customers
- JPMorgan, others discuss how to reimburse scammed Zelle customers, WSJ reports
- JPM, BAC, or WFC: Which Bank Stock Could Generate Better Returns?
- Wells Fargo (NYSE: WFC) Likely to Layoff More Employees
- Jim Cramer Says Bank Stocks Are Headed for Sustained Growth Thanks to Rising Rates; Here Are 3 Names That Analysts Like