Wells Fargo's Options: A Look at What the Big Money is Thinking

Comments
Loading...

Financial giants have made a conspicuous bullish move on Wells Fargo. Our analysis of options history for Wells Fargo WFC revealed 14 unusual trades.

Delving into the details, we found 50% of traders were bullish, while 42% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $421,225, and 8 were calls, valued at $580,110.

Expected Price Movements

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $67.5 to $85.0 for Wells Fargo during the past quarter.

Volume & Open Interest Development

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Wells Fargo's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Wells Fargo's substantial trades, within a strike price spectrum from $67.5 to $85.0 over the preceding 30 days.

Wells Fargo Option Volume And Open Interest Over Last 30 Days

Options Call Chart

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
WFC CALL SWEEP BEARISH 03/21/25 $3.5 $3.45 $3.45 $77.50 $157.7K 6.3K 595
WFC PUT SWEEP BULLISH 08/15/25 $9.25 $9.15 $9.15 $85.00 $129.9K 20 143
WFC CALL SWEEP BEARISH 04/17/25 $1.36 $1.35 $1.35 $85.00 $120.9K 2.5K 942
WFC PUT SWEEP BULLISH 04/17/25 $3.0 $2.96 $2.96 $77.50 $85.2K 617 288
WFC CALL SWEEP BEARISH 01/16/26 $7.35 $7.25 $7.25 $82.50 $76.1K 2.0K 105

About Wells Fargo

Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.

Current Position of Wells Fargo

  • With a volume of 3,172,730, the price of WFC is up 0.8% at $78.5.
  • RSI indicators hint that the underlying stock may be overbought.
  • Next earnings are expected to be released in 72 days.

What The Experts Say On Wells Fargo

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $88.2.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * An analyst from Barclays has decided to maintain their Overweight rating on Wells Fargo, which currently sits at a price target of $90. * An analyst from Truist Securities has decided to maintain their Buy rating on Wells Fargo, which currently sits at a price target of $85. * Consistent in their evaluation, an analyst from Keefe, Bruyette & Woods keeps a Market Perform rating on Wells Fargo with a target price of $86. * An analyst from Barclays has decided to maintain their Overweight rating on Wells Fargo, which currently sits at a price target of $92. * An analyst from Morgan Stanley persists with their Overweight rating on Wells Fargo, maintaining a target price of $88.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Wells Fargo, Benzinga Pro gives you real-time options trades alerts.

Overview Rating:
Good
62.5%
Technicals Analysis
66
0100
Financials Analysis
60
0100
Overview
Market News and Data brought to you by Benzinga APIs
Date of Trade
ticker
Put/Call
Strike Price
DTE
Sentiment

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!