7436 WFC Mar 52.5 calls went up in 1 block on the PHLX
Shares of Wells Fargo and Co (WFC) are down .15 to 48.68 today. ?WFC is near the middle of the 52 week range.
- Paper traded 7436 WFC Mar 52.5 calls at .43.?
- The ADV is 36k contracts.?
- The OI is 13823 contracts.
The volume went up in 1 block on the PHLX. ?Several other blocks went up and this appears to be a close on a calls bought several weeks ago looking for an earnings bounce.? The bounce did not happen and if the same calls they are marking a .40 loss on the position.
- IV 30 is trading 26%.?
- HV10 is trading for 35%.?
- IV 30 is trading below the HV 10.
Wells Fargo & Company is a financial services and bank holding company. The Company’s segments are Community Banking, Wholesale Banking, and Wealth and Brokerage and Retirement. The Company’s Community Banking segment offers a range of financial products and services for consumers and small businesses, including checking and savings accounts, credit and debit cards, and auto, student and small business lending.