Wells Fargo taps one-time Dimon protégé Scharf to lead turnaround

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Call Buying Activity in Wells Fargo (WFC) Targets 13.5% Upside in Shares Through Jan. 2021 on Report of New CEO Appointment -Susquhenna

September 27, 2019 2:05 PM EDT

Susquehanna options strategist Alison Edwards notes call buying activity in Wells Fargo (NYSE: WFC), on news that the company has hired a new CEO, an opening investor bought 12k Jan21 55 Calls for $3.60, untied. This investor opens upside exposure through mid-Jan of 2021 breaking even on a... More