Wells Fargo call volume above normal and directionally bullish
The Fly

Wells Fargo call volume above normal and directionally bullish

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.

Published first on TheFly

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