1880 WFC Oct 9(w) 53 calls went up in many blocks on most exchanges.?
Shares of Wells Fargo & Co. (WFC) are down 1.44 to 50.99. ?WFC is near the middle of the 52 week range.
- Paper traded 1880 Oct 9(W)?53?calls for .96-.98. ?
- The ADV is 35k contracts.?
- The OI is 143 contracts.
The volume went up in many blocks on most exchanges.? Traders swept the offers looking for a bounce in WFC today and so far they are not getting it.? The trade went through auto ex but as of right now it is down slight money.
- IV 30 is trading for 28%.?
- HV10 is trading for 52%.?
- IV 30 is trading below the HV 10.
Wells Fargo & Company is a financial and bank holding company. Its principal business is to act as a holding company for its subsidiaries. The Company is a diversified financial services company. It has three operating segments: Community Banking, Wholesale Banking and Wealth, and Brokerage and Retirement. The Company provides retail, commercial and corporate banking services through banking stores and offices, the Internet and other distribution channels to individuals, businesses and institutions in all around 50 states, the District of Columbia and in other countries.