Mixed options sentiment in Wells Fargo (WFC), with shares down 54c near $86.12. Options volume relatively light with 42k contracts traded and calls leading puts for a put/call ratio of 0.61, compared to a typical level near 0.86. Implied volatility (IV30) dropped 2.08 near 24.29,in the bottom quartile of the past year, suggesting an expected daily move of $1.32. Put-call skew flattened, suggesting a modestly bullish tone.
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