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Wells Fargo & Company (WFC)

Overview · Option chain · Volatility · Expected-move history · Earnings

Price (delayed) 89.28 +2.57%
Expected moveThe size of the up-or-down move the options market is pricing for a stock by a given date, read from option prices (the at-the-money straddle). It is a market-implied estimate, not a forecast. · Sep 18 ±3.9%
Expected range 85.8792.93
IV30Implied volatility interpolated to a constant 30-day horizon from the expirations around it, so different stocks and dates can be compared fairly.23.2%
IV percentileWhere this IV30 ranks across all securities we cover today (a cross-sectional comparison, not the stock's own history). 20/universe
P/C volumePut volume (or open interest) divided by call volume (or open interest). A descriptive activity measure — it does not by itself say what traders expect.1.12
P/C open interest1.44
Next earnings Oct 13

Cboe delayed options data · as of 12:39 UTC · Figures derived from the full chain (1,182 contracts, 18 expirations) · IV own-history percentile appears after 60 recorded days (3 so far)

Expected move — Sep 18, 2026 (15 days)

Methodology →

Read from option prices: the at-the-money straddle costs this much, so the market is pricing a move of about that size in either direction by this date. It is an estimate of movement, not a prediction of direction.

85.8792.9389.40 current

Options are pricing a move of about ±3.9% (range 85.87–92.93) by Sep 18, 2026. ATM straddle: 3.53 @ strike 89 · ATM IV: 23.5%.

Probability distribution

Model & assumptions →

The curve shows where a lognormal model, fed with current implied volatility, puts the range of outcomes at this expiration. Shaded: the expected-move band.

89.4085.8792.93
expected-move bandmodel density
Levelvs priceP(above)Model-estimated chance the stock finishes above a level at expiration, derived from current IV under a lognormal model with stated assumptions — an estimate, not a prediction.P(below)
80.46 -10% 98.6% 1.4%
84.93 -5% 85.4% 14.6%
89.40 +0% 49.0% 51.0%
93.87 +5% 14.7% 85.3%
98.34 +10% 2.2% 97.8%

Model-estimated probabilities of finishing above/below each level at expiration — estimates under stated assumptions, not predictions.

Probability explorer

Drag the slider to any level and see the model-estimated chance the stock finishes above or below it at the selected expiration.

P(finish above)
P(finish below)
P(touch, approx.)

Horizon: Sep 18, 2026 · lognormal model, zero drift — an estimate, not a prediction. Assumptions

ExpiresDTEDays to expiration, in calendar days.Implied moveATM IVOpen int.
Sep 04, 2026 1 ±1.6% 26.6% 25.4K
Sep 11, 2026 8 ±2.8% 22.4% 12.7K
Sep 18, 2026 15 ±3.9% 23.5% 157.4K
Sep 25, 2026 22 ±4.7% 23.3% 5,171
Oct 02, 2026 29 ±5.3% 23.1% 6,523
Oct 09, 2026 36 ±6.0% 23.5% 2,201
Oct 16, 2026 43 ±7.7% 27.5% 79.4K
Oct 23, 2026 50 0
Nov 20, 2026 78 ±9.9% 26.8% 67.2K
Dec 18, 2026 106 ±11.4% 26.3% 240.4K
Jan 15, 2027 134 ±13.3% 27.3% 250.0K
Mar 19, 2027 197 ±16.1% 27.5% 66.2K

Open interest by strike — Sep 18

Where option positions are concentrated. Teal bars are calls, red bars are puts; the dashed line is the current price.

67.5074.0077.5081.0084.0087.5091.0094.00100.089.40
callsputs

Largest open-interest concentrations (all expirations ≤ 60 days): 90 C · 21.0K85 P · 19.1K80 P · 18.9K82.5 P · 15.5K75 P · 14.6K

IV term structure

Volatility page →

At-the-money implied volatility for each expiration. A hump around a date often marks a scheduled event the market is pricing.

21%24%26%29%1d29d197d

When does open interest expire?

18%This month78%Later

Implied vs realized volatility

18.3%20.2%22.2%24.1%Aug 31Sep 02
IV30HV20

HV from our stored daily closes (annualized); IV30 interpolated from the chain. Method

Price, last 60 sessions

Track record

Full history →

Every trading day we record what the options market is pricing for each expiration — before the outcome is known. Once expirations start resolving, this section compares expected versus actual, and the record is never rewritten. Recording since Aug 31, 2026.

Past earnings reactions

Oct 24+7.6%Jan 25+6.7%Apr 25-0.0%Jul 25-4.2%Oct 25+9.6%Jan 26-4.9%Apr 26-7.3%Jul 26-0.2%
implied (when recorded)actual reaction

Avg |reaction| 4.2% · median 4.2% (20 reports) — two-session close-to-close window; definition

About Wells Fargo & Company

Wells Fargo & Company, a financial services company, provides diversified banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. It operates through four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. The company’s financial products and services includes checking and savings accounts, and credit and debit cards, as well as home, auto, personal, and small business lending services. It also provides personalized wealth management, brokerage, financial planning, lending, private banking, trust and fiduciary products and services; and financial solutions to private, family owned and public companies through products and services including banking and credit products across multiple industry sectors and municipalities, secured lending and lease products, and treasury management. In addition, it offers a suite of capital markets, banking, and financial products and services, such as corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity, and fixed income solutions, as wel

Financial Services · Banks - Diversified · NYSE · Profile: Financial Modeling Prep

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