Dated end-of-day edition
JW Intelligence Report

Wells Fargo & Co / WFC

StockFinancialsBanking
JW Rank63.6/ 100
Official close$89.05-0.62 (-0.69%)
Bid$89.25
Ask$89.62
Previous close$89.67
ATR (14)2.04%
RSI (14)58.7
Volume7.87M
Model reference$88.50
Upside scenario$93.00
Risk reference$86.00
Decision summary

WFC Option Market Implies Balanced Sentiment

BalancedHigh confidence

The market for WFC options suggests a neutral outlook. The term structure is in backwardation, with near-term implied volatility slightly higher than longer-term IV. This indicates some uncertainty surrounding the upcoming earnings release on October 13th. While there are bullish signals from technical indicators like the strong uptrend and positive MACD, recent price action has stalled at resistance around $90. The xAI analysis highlights cautious sentiment due to macro concerns and upcoming events.

Wheel contextThe market appears balanced between bullish and bearish forces.
Dated supporting context

JW AI outlook

Neutral

Short-term scenario

Cautious buy/hold for 1-3 weeks; wait possible $90 breakout. High uncertainty from inflation data, Fed meeting Sep 16, and conference.

Three-month outlook

Moderately positive (~13% to PT) on capital returns, growth post-asset cap, strong Q2. Significant uncertainty around rates, inflation, economy, and Oct earnings. Credit/NII risks if rates stay high.


Market sentiment context

Sparse recent posts. Traders flag $90 resistance (break needed for $94-100) and $86 support. Some dip-buy interest on valuation/dividend. Politician purchased shares. Cautious overall due to macro; limited organic discussion.

Observed market data

Price and technical structure

Dated end-of-day indicator set
Trend reference levels11 observations
20D SMA$87.03
50D SMA$86.99
200D SMA$85.08
9D EMA$88.43
21D EMA$87.55
20D MVWAP$87.27
YTD VWAP$83.95
Daily reference VWAP$89.36
Price vs 20D SMA2.78%
Price vs 50D SMA2.83%
Price vs 200D SMA5.14%
Momentum kinematics10 observations
RSI (7)62.31
RSI (14)58.72
RSI (21)57.08
Stochastic K80.86
Stochastic D81.76
MACD line0.76
MACD histogram0.40
ADX (14)15.40
MACD acceleration0.07
RSI velocity-1.68
Volatility and price boundaries11 observations
ATR (14)0.02
ATR (14) %2.04%
Bollinger upper$91.08
Bollinger middle$87.03
Bollinger lower$82.99
Bollinger position0.80%
Volatility environmentMedium
20D realized volatility21.75%
Observed range position93.31%
5D true high$90.34
5D true low$87.20
Participation and institutional flow7 observations
Volume7.87M
20D average volume6.29M
Volume vs 20D average1.25x
20D SMA velocity0.05
50D SMA velocity0.11
Institutional flow0.08
ATR velocity0.02
Available cached indicators

Detailed decision indicators

Dated authorized values
Market overview7 observations
Price$89.05
DateSep 10, 2026
Volume7.87M
Vwap D$89.36
Mvwap 20$87.27
Change-0.62
Change Percentage 0.69%
Trend structure6 observations
Trend SignalStrong Bull
Sma 20$87.03
Sma 50$86.99
Sma 200$85.08
Ema 9$88.43
Ema 21$87.55
Momentum structure9 observations
Rsi 762.31
Rsi 1458.72
Rsi 2157.08
Rsi SignalNeutral
Stoch K80.86
Stoch D81.76
Macd Line0.76
Macd SignalBullish
Macd Hist0.40
Volatility structure3 observations
Atr1.83
Atr Pct2.04%
EnvironmentMedium
Option market context3 observations
Current Iv25.17
Iv Rank20.13
Iv Percentile21.12%
Price boundaries8 observations
Bb Upper91.08
Bb Middle87.03
Bb Lower82.99
Bb Pctb0.80
True High$89.99
True Low$88.64
True High 5d$90.34
True Low 5d$87.20
Three-day velocities7 observations
Sma20$0.05
Sma50$0.11
Mvwap20$0.08
Macd0.07
Rsi-1.68
Volume1.14M
Atr0.02
Risk radar5 observations
Earnings RiskLow
Earnings DateOct 13, 2026
Macro RiskUnknown
Vol RiskMedium
Structure RiskLow
Deterministic scoring

JW Rank factors

Higher scores indicate stronger observed structure
LiquidityTrading capacity and quote quality proxyCoverage 100%
55
Strategy FitGeneric Wheel premium-selling environment fitCoverage 100%
73
Technical TrendPrice trend, momentum and long-term structureCoverage 100%
85
Market Tail RiskMarket-wide volatility and tail-risk regimeCoverage 100%
56
Fundamental QualityBusiness quality and balance-sheet durabilityCoverage 86%
54
Volatility PressureOption premium pressure relative to realized movementCoverage 100%
43

JW Rank is not a buy/sell rating, and coverage measures field availability—not accuracy or certainty.

Options Intelligence

What the closing chain was pricing

WFC Option Market Implies Balanced Sentiment

The market for WFC options suggests a neutral outlook. The term structure is in backwardation, with near-term implied volatility slightly higher than longer-term IV. This indicates some uncertainty surrounding the upcoming earnings release on October 13th. While there are bullish signals from technical indicators like the strong uptrend and positive MACD, recent price action has stalled at resistance around $90. The xAI analysis highlights cautious sentiment due to macro concerns and upcoming events.

Front ATM IV30.19%
Current IV25.01%
IV Rank19.42
IV Percentile20.72%
25Δ skew2.99
Term slope-5.27
Term structureBackwardation
Quote coverage88%
Median option spread15.38%
Term structure

Implied volatility by expiration

3 observed expirations
30.2%24.9%
ExpirationDTEATM IVState
2026-09-111.0030.19%
2026-09-188.0025.54%
2026-09-2515.0024.92%
Reference structures

Defined-risk observations

Bull Put Spread Reference

Expiration
Short strike$88.00
Long strike$87.00
Net credit / share$0.16
Credit / width16.00%
$16$-84$86.45$88.55Expiration payoff per standard 100-share contract

Bear Call Spread Reference

Expiration
Short strike$90.00
Long strike$91.00
Net credit / share$0.14
Credit / width14.00%
$14$-86$89.45$91.55Expiration payoff per standard 100-share contract
Evidence used
  • Term structure is in backwardation with near-term IV slightly higher than longer-term IV.
  • Technical indicators show a strong uptrend and positive MACD, but recent price action has stalled at resistance around $90.
Risk context
  • Earnings release on October 13th could cause volatility.
  • Inflation data and the Fed meeting on September 16th present uncertainty.
Strategy intelligence

Structural fit, not a trade instruction

Wheel fit score72.50

The market appears balanced between bullish and bearish forces.

Execution intelligence

Liquidity and quote conditions

Dollar volume$703.74M
Underlying bid/ask spread0.41%
Option quote coverage88%
Median option spread15.38%
Fundamental intelligence

Business quality context

Factor score54.40
Coverage86%

Business quality and balance-sheet durability

Latest strategy observation

WFC Covered Call signal

Sep 10, 2026 10:10 AM EDT

Covered Call | 2026-09-18 | short $89.00 | $1.63 credit | High turnover

Generalized structural observation only; no quantity, order instruction or personalized recommendation is provided.

Company and fundamental profile

Wells Fargo & Co at a glance

Dated valuation, quality, growth and shareholder context

Market position and valuation

Market capitalization$258.34B
P/E (TTM)11.8×
Beta0.94
52-week range$72.78 – $97.76
52-week return11.14%
Shares outstanding3.02B

Profitability and financial quality

Return on equity12.55%
Operating margin25.35%
Net margin22.19%
Debt / equity2.35×

Growth and cash generation

Revenue growth (3Y)-6.53%
EPS growth (3Y)22.68%
Revenue / share (TTM)21.73
Book value / share59.50

Shareholder return and calendar

Dividend yield2.27%

Trading and reference facts

MarketNew York Stock Exchange, Inc.
CountryUs
CurrencyUsd
IPO date1962-12-10
Company website
Methodology, edition and field coverage
EditionOfficial Close
Ready sections3 / 3
Report identitya990629215aabc64698a1c85

JW Rank is deterministic and is not a buy/sell rating. Narrative sections explain dated evidence and do not change the score or observed facts. Coverage measures field availability, not accuracy or certainty. This public edition remains fixed.

Continue with the same symbol

Carry WFC from this dated report into your Watchlist.

The report remains a fixed publication. The App and web workspace continue with current cached quotes, alerts, options context and symbol history.

Important disclosures. Generalized market-structure research only. This report does not consider holdings, objectives, risk tolerance or financial circumstances and is not an investment recommendation, transaction instruction, offer, solicitation or return forecast. Market data, model scores and AI explanations may be delayed, incomplete or incorrect. Past, hypothetical, model and settled-signal results do not predict future results. Options are complex and may involve loss of the entire premium, substantial or theoretically unlimited loss, assignment, early exercise, margin, liquidity and execution risk. Before trading standardized options, read the OCC’s Characteristics and Risks of Standardized Options. Terms of Use · Privacy Policy