{"id":64622,"date":"2025-07-02T02:00:04","date_gmt":"2025-07-02T07:00:04","guid":{"rendered":"https:\/\/www.tradestation.com\/insights\/?p=64622"},"modified":"2025-07-02T07:32:44","modified_gmt":"2025-07-02T12:32:44","slug":"wells-fargo-calls","status":"publish","type":"post","link":"https:\/\/www.tradestation.com\/insights\/2025\/07\/02\/wells-fargo-calls\/","title":{"rendered":"Options Alert: Call Volume Surges in Wells Fargo"},"content":{"rendered":"<p>Wells Fargo is flirting with new highs, and options traders are getting active.<\/p>\n<p>Heavy volume was detected yesterday in the bank&#8217;s September 97.50 calls. The initial blocks priced for $1.44, followed by larger blocks at $1.65. Volume of 27,990 contracts was more than 10 times open interest, which suggests new money was put to work.<\/p>\n<p><a href=\"https:\/\/www.tradestation.com\/insights\/2024\/05\/12\/the-basics-of-options\/\">Calls<\/a> fix the price where investors can purchase a security. They can gain value rapidly when shares appreciate but can also expire worthless when a stock doesn&#8217;t move enough.<\/p>\n<p>WFC ended the session up 1.7 percent to $81.49 and is challenging its previous record high from February 6. The stock climbed last week after passing Federal Reserve&#8217;s stress tests. RBC Capital raised its price target from $75 to $80 on Monday.<\/p>\n<p>Tuesday&#8217;s call buyer may expect further gains over the summer. By choosing September calls, he or she has upside exposure to events like earnings on July 15 and results from other financials.<\/p>\n<p>Overall options volume was slightly above the monthly average, according to TradeStation data. Calls accounted for a bullish 76 percent of the total.<\/p>\n<div id=\"attachment_64626\" style=\"width: 1034px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-64626\" class=\"wp-image-64626 size-large\" src=\"https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/WFC_20250701-1024x490.jpg\" alt=\"\" width=\"1024\" height=\"490\" srcset=\"https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/WFC_20250701-1024x490.jpg 1024w, https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/WFC_20250701-300x143.jpg 300w, https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/WFC_20250701-768x367.jpg 768w, https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/WFC_20250701-1536x734.jpg 1536w, https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/WFC_20250701-1080x516.jpg 1080w, https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/WFC_20250701.jpg 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><p id=\"caption-attachment-64626\" class=\"wp-caption-text\"><em>Wells Fargo (WFC), daily chart, with select patterns and indicators.<\/em><\/p><\/div>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\n<p><em>Options trading is not suitable for all investors. Your TradeStation Securities\u2019 account application to trade options will be considered and approved or disapproved based on all relevant factors, including your trading experience. See\u00a0<a href=\"https:\/\/www.theocc.com\/Company-Information\/Documents-and-Archives\/Options-Disclosure-Document\">www.TradeStation.com\/DisclosureOptions<\/a>. Visit\u00a0<a href=\"http:\/\/www.tradestation.com\/Pricing\">www.TradeStation.com\/Pricing<\/a> for full details on the costs and fees associated with options.<\/em><\/p>\n<p><em>Margin trading involves risks, and it is important that you fully understand those risks before trading on margin. The Margin Disclosure Statement outlines many of those risks, including that you can lose more funds than you deposit in your margin account; your brokerage firm can force the sale of securities in your account; your brokerage firm can sell your securities without contacting you; and you are not entitled to an extension of time on a margin call. Review the\u00a0Margin Disclosure Statement at\u00a0<a href=\"https:\/\/uploads.tradestation.com\/uploads\/margin-disclosure-statement.pdf\">www.TradeStation.com\/DisclosureMargin<\/a><\/em>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wells Fargo is flirting with new highs, and options traders are getting active. Heavy volume was detected yesterday in the bank&#8217;s September 97.50 calls. The initial blocks priced for $1.44, followed by larger blocks at $1.65. Volume of 27,990 contracts was more than 10 times open interest, which suggests new money was put to work. [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":64625,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"categories":[83,14,13],"tags":[367],"class_list":["post-64622","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial","category-options","category-stocks","tag-wfc","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Options Alert: Call Volume Surges in Wells Fargo | Market Insights<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.tradestation.com\/insights\/2025\/07\/02\/wells-fargo-calls\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Options Alert: Call Volume Surges in Wells Fargo | Market Insights\" \/>\n<meta property=\"og:description\" content=\"Wells Fargo is flirting with new highs, and options traders are getting active. Heavy volume was detected yesterday in the bank&#8217;s September 97.50 calls. The initial blocks priced for $1.44, followed by larger blocks at $1.65. Volume of 27,990 contracts was more than 10 times open interest, which suggests new money was put to work. 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Drawing on more than two decades of experience as a financial journalist and analyst, his background includes equities, emerging markets, fixed-income and derivatives. He previously worked at Bloomberg News, CNBC and E*TRADE Financial. Russell systematically reviews countless global financial headlines and indicators in search of broad tradable trends that present opportunities repeatedly over time. Customers can expect him to keep them apprised of sector leadership, relative strength and the big stories \u2013 especially those overlooked by other commentators. 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