Bullish option flow detected in Wells Fargo with 39,116 calls trading, 3x expected, and implied vol increasing over 1 point to 29.78%. 9/27 weekly 56 calls and 9/27 weekly 54 puts are the most active options, with total volume in those strikes near 13,100 contracts. The Put/Call Ratio is 0.62. Earnings are expected on October 11th.
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