What move does the options market price into Wells Fargo's report?

Implied ±8.6%, either direction · provisional.

How often does Wells Fargo move more than the options market prices?

4 of the last 7 reports moved at least as far as the implied move.

WFCNYSENational Commercial Banks

Wells Fargo & Company (WFC) earnings date, market-implied expected move, and options open interest by expiry

83.43

−1.38 · −1.63%

post 83.45 +0.02%

Closed17:29 ET

Open85.28Volume12.2MMkt cap$250.4BP/E11.64EPS7.17Div yield2.22%

Day83.08 – 85.5015%52-wk72.36 – 96.1847%

WFC

Wells Fargo & Company

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

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

Next report

Jan 13

before open · in 73 days

est.Q4 FY26

Calendar

Next report

Last report

−3.10%

vs ±3.9% implied · ×0.80

shaded = implied · ▲▼ = realized

Oct 13 '26 · confirmed

Implied vs realized

Linked news

1dPII · customerPOLARIS AND RZR FACTORY RACING UNVEIL ALL-NEW RZR PRO R FACTORY BOOST RACE MACHINE
2dCUZ · supplierCousins Properties posts Q3 net income available to common stockholders $17,000 thousand, EPS $0.10
2dCDP · supplierCOPT Defense Properties Q3 EPS $0.41; FFO per share $0.71; same‑property cash NOI up 3.2%

News

Largest filed tie

13F top-10 QoQ

−2.28%

shares held · 10 largest managers

13F · Jun 30 '26124d lag

2,874 managers

Top fund weight

3.33%

WFC weight · XLF

N-PORTJun 30 '26

9 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Wells Fargo (WFC) is expected to report on Jan 13 before open (estimated date).

Implied vs realized

8 reports

4 of 7≥ implied

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

Jan 15 '25Jan 15 '25confirmed—▲+6.69%—

Apr 11 '25Apr 11 '25confirmed±5.1%▼−0.95%×0.19

Jul 15 '25Jul 15 '25confirmed±3.6%▼−5.48%×1.51

Oct 14 '25Oct 14 '25confirmed±3.8%▲+7.15%×1.87

Jan 14 '26Jan 14 '26confirmed±3.5%▼−4.61%×1.30

Q1 FY26Apr 14 '26confirmed±3.7%▼−5.70%×1.53

Q2 FY26Jul 14 '26confirmed±4.1%▼−2.71%×0.66

Q3 FY26Oct 13 '26confirmed±3.9%▼−3.10%×0.80

quarterimplied−10%0+10%realized×

Q3 FY26±3.9%▼−3.10%×0.80

Q2 FY26±4.1%

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

Implied vs realized

Positioning

OI · 9 expiries · Oct 29 close

1.55OI · 9 expiries · Oct 29 closeP/C open interest · Jan 15 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

4 nearer expiries

16,838+5%Nov 65d2.078,123+21%2.07

2,662+11%Nov 1312d0.475,682+8%0.47

77,524+1%Nov 2019d1.3059,554+3%1.30

269+2345%Nov 2726d0.61440+1194%0.61

100+376%Dec 433d0.25403+96%0.25

167,7740%Dec 1847d1.9884,8390%1.98

report · Jan 13 · before open · est.

ExpiryPutsCallsP/C

4 nearer expiries

Nov 65d16,838+5%8,123+21%2.07

Nov 1312d2,662+11%5,682+8%0.47

Nov 2019d77,524+1%59,554

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±8.6%

Funds 4

XLF±0.3%

VTV±0.1%

SPY±0.0%

VOO±0.0%

Customers 2

PKBK±3.4%×0.40

SEVN±2.9%×0.33

Dashed = straddle · × = co-movement · max 500dMethod 2 more funds Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ3 FY26

27.21%as filednet margin · revenue −3.32% QoQ · +2.02% YoY

Revenue$21.9B−3.32%

Pre-tax income$7.1B−11.79%

Net income$6.0B27.21%−7.12%

Tax$1.2B−17.19%

Source: SEC filings · standardized · QE Sep 30 '26 · bars = % of revenue

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 17:15 ET

Intraday

Event sensitivity

PPI ×1.80· ±2.3% vs ±1.3% · 11 releases

eventrelease day|move|up · n×base

PPIproducer prices±2.3%3 of 11×1.80

FOMCrate decision±1.5%11 of 25×1.16

CPIconsumer prices±1.3%5 of 11×1.00

NFPjobs report±1.3%5 of 10×1.00

PCEpersonal income & outlays±1.0%11 of 19×0.77

CPROFcorporate profits±0.9%9 of 12×0.73

GDPgross domestic product±0.9%13 of 19×0.71

Bar = avg |move| to ±3% · tick = ±1.3% avg day · ×base = |move| ÷ ±1.3% · min 6 releases

Earnings history

EPS 1.87 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Oct 13 '26 · confirmed	1.87	—
Q2 FY26	Jul 14 '26 · confirmed	2.00	—
Q1 FY26	Apr 14 '26 · confirmed	1.60	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod