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Oct 11, 2023 11:51 AM

WFC Wells Fargo & Company Options Ahead of Earnings Long

Wells Fargo & CompanyNYSE

Description

If you haven`t bought the dip on WFC:


Then analyzing the options chain and the chart patterns of WFC Wells Fargo & Company prior to the earnings report this week,
I would consider purchasing the 42.50usd strike price Calls with
an expiration date of 2024-3-15,
for a premium of approximately $1.87.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Looking forward to read your opinion about it.



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