WFC as of Nov 1 · 05:18 ET

WFCNYSENational Commercial Banks

Wells Fargo & Company · Brief

Next report

73 days

Jan 13 · before openest.Q4 FY26

Earnings

Expected move

Inputs

±8.6%implied · straddle

76.2490.56

spot 83.40exp Jan 15ATM strike 82.5ATM straddle 8.42IV 28%

Oct 30 closeprovisional

Expected move

Inputs

Implied vs realized

8 reportsHistory

4 of 7≥ implied

avg implied: ±4.0%
avg realized: ±4.2%

Jan 15 '25—▲+6.69%—

Apr 11 '25±5.1%▼−0.95%×0.19

Jul 15 '25±3.6%▼−5.48%×1.51

Oct 14 '25±3.8%▲+7.15%×1.87

Jan 14 '26±3.5%▼−4.61%×1.30

Q1 FY26±3.7%▼−5.70%×1.53

Q2 FY26±4.1%▼−2.71%×0.66

Q3 FY26±3.9%▼−3.10%×0.80

quarterimplied−10%0+10%realized×

Q3 FY26±3.9%▼−3.10%×0.80

Q2 FY26±4.1%▼−2.71%×0.66

Q1 FY26±3.7%▼−5.70%×1.53

Jan '26±3.5%▼−4.61%×1.30

Oct '25±3.8%▲+7.15%×1.87

Jul '25±3.6%▼−5.48%×1.51

2 older reports

Apr '25±5.1%▼−0.95%×0.19

Jan '25—▲+6.69%—

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Bull & bear

Jan 13 report · est.

Bull2 of 4

18customers disclosing company as a supplierSEC filings

22disclosed supplier and customer tiesSEC filings

Bear2

10 of 21of the largest reporting managers cut their stake in the latest quarter13F · Jun 30 '26

58managers holding four fifths of reported value13F · Jun 30 '26

AI captions · Oct 19 '26once per report · top 2 per case

Linked exposure

WFC report session

Customers 2

PKBKParke Bancorp×0.40 SEVNSeven Hills Realty Trust×0.33

× = co-movement · max 500dSource: SEC filings · market data

Latest changes

30 daysAll changes

Oct 5report dateEarnings date confirmed: Oct 13, before open.Source

Your note

privateThesis 0 · Decisions 0 · Observations 0

No thesis.