Mixed options sentiment in Wells Fargo with shares up 1.46%

Mixed options sentiment in Wells Fargo (WFC), with shares up $1.24, or 1.46%, near $85.90. Options volume roughly in line with average with 45k contracts traded and calls leading puts for a put/call ratio of 0.76, compared to a typical level near 0.82. Implied volatility (IV30) dropped 2.03 near 32.58,in the top quartile of the past year, suggesting an expected daily move of $1.76. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Wells Fargo (WFC) will report earnings before the open on 2026-04-14.Option markets are pricing in a 50% probability of a move greater than 3.96% or $3.40.