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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