Wells Fargo (WFC) put volume increases on on talk of AG subpoenas

September 14, 2016 3:35 PM EDT

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Wells Fargo (NYSE: WFC) September 46 and 46.50 puts are active on total put volume of 55K contracts (71K puts) D on talk of Attorney General Subpoenas. September put option implied volatility is at 29, October is at 25; compared to its 52-week range of 14 to 35.

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