Wells Fargo (WFC) April 47.50 and May 50 calls active on sharp sell off after conference call comments
Wells Fargo (NYSE: WFC) April weekly call option implied volatility is at 64, April is at 24, May is at 23; compared to its 52-week range of 15 to 44 after guidance. Call put ratio 2 call to 1 put with focus on April 47.50 and May 50 calls.
