Wells Fargo (WFC) call volume increases as shares move up from two-month lows

September 15, 2016 2:24 PM EDT

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Wells Fargo (NYSE: WFC) September and October 16 calls are active on total call volume of 98K contracts (106K puts) as investor react to headlines from the “opening account scandal”. September call option implied volatility is at 33, September weekly is at 28, October is at 25; compared to its 52-week range of 13 to 37.

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