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Tapia
Apr 12, 2017 5:34 PM

Reiteration of Wells Fargo & Co. Long

Wells Fargo & CompanyNYSE

Description

Still long on this. IV is high, my way of checking indicates : IV:30,IV Rank: 65%. IV Percentile: 84% higher than all days within the past year. The way i've calculated it, WFC will go up as IV goes down. It may or may not go down(IV) on earnings (like I stated WFC doesn't become too volatile at earnings). I'm so tempted to look into other bank positions today. JPM, C, etc.
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