Dated end-of-day edition
JW Intelligence Report

Wells Fargo & Co / WFC

StockFinancialsBanking
JW Rank53.8/ 100
Official close$84.93-0.04 (-0.05%)
Bid$84.18
Ask$85.08
Previous close$84.97
ATR (14)2.05%
RSI (14)44.9
Volume6.09M
Model reference$84.50
Upside scenario$88.50
Risk reference$82.00
Decision summary

WFC Option Market Implies Mixed Sentiment

BalancedHigh confidence

The WFC option market displays a neutral stance, with implied volatility suggesting potential for moderate price movement in the coming weeks. While recent earnings beat expectations and dividend hike are positive, technical indicators show mixed signals with short-term weakness and uncertainty surrounding interest rates and economic conditions.

Wheel contextThe market appears to be digesting recent earnings and weighing the impact of interest rates and economic uncertainty on future performance.
Dated supporting context

JW AI outlook

Neutral

Short-term scenario

Cautious accumulate/hold on weakness for 1-3 weeks; mixed technicals and post-earnings digestion suggest limited near-term upside conviction. High uncertainty from rates, economy, and sector rotation.

Three-month outlook

Mildly constructive toward $90-95 range if loan growth, buybacks, and expense discipline persist and rates stay supportive, aligning with analyst PTs, but significant uncertainty: potential Fed easing compressing NII, CRE/commercial credit deterioration, consumer slowdown, regulatory/stablecoin competition, or broader market volatility could cap gains or drive retest of $80s support. Not a forecast; past performance and current data do not guarantee results.


Market sentiment context

Sparse dedicated discussion amid spam; one recent post highlights solid Q2 beat, 11% dividend hike, wealth mgmt/tokenized deposits push, viewing current as short-term correction with potential re-rating to $94-98 if holds/reclaims $86. Limited bearish posts visible. Overall cautious-to-positive on fundamentals/value but noting pullback. Social sentiment is anecdotal, low-volume, and not representative of broader market.

Observed market data

Price and technical structure

Dated end-of-day indicator set
Trend reference levels11 observations
20D SMA$86.78
50D SMA$86.14
200D SMA$84.91
9D EMA$85.43
21D EMA$86.07
20D MVWAP$86.89
YTD VWAP$83.75
Daily reference VWAP$84.66
Price vs 20D SMA-2.09%
Price vs 50D SMA-1.36%
Price vs 200D SMA0.07%
Momentum kinematics10 observations
RSI (7)40.48
RSI (14)44.85
RSI (21)47.81
Stochastic K24.38
Stochastic D20.41
MACD line-0.40
MACD histogram-0.01
ADX (14)12.30
MACD acceleration-0.05
RSI velocity0.43
Volatility and price boundaries11 observations
ATR (14)-0.02
ATR (14) %2.05%
Bollinger upper$90.21
Bollinger middle$86.78
Bollinger lower$83.36
Bollinger position0.24%
Volatility environmentMedium
20D realized volatility18.72%
Observed range position59.96%
5D true high$85.68
5D true low$83.48
Participation and institutional flow7 observations
Volume6.09M
20D average volume5.12M
Volume vs 20D average1.19x
20D SMA velocity-0.02
50D SMA velocity0.02
Institutional flow-0.01
ATR velocity-0.02
Available cached indicators

Detailed decision indicators

Dated authorized values
Market overview7 observations
Price$84.93
DateAug 27, 2026
Volume6.09M
Vwap D$84.66
Mvwap 20$86.89
Change-0.04
Change Percentage 0.05%
Trend structure6 observations
Trend SignalBullish Recovery
Sma 20$86.78
Sma 50$86.14
Sma 200$84.91
Ema 9$85.43
Ema 21$86.07
Momentum structure9 observations
Rsi 740.48
Rsi 1444.85
Rsi 2147.81
Rsi SignalNeutral
Stoch K24.38
Stoch D20.41
Macd Line-0.40
Macd SignalBearish
Macd Hist-0.01
Volatility structure3 observations
Atr1.75
Atr Pct2.05%
EnvironmentMedium
Option market context3 observations
Current Iv22.51
Iv Rank8.05
Iv Percentile3.98%
Price boundaries8 observations
Bb Upper90.21
Bb Middle86.78
Bb Lower83.36
Bb Pctb0.24
True High$85.29
True Low$83.72
True High 5d$85.68
True Low 5d$83.48
Three-day velocities7 observations
Sma20$-0.02
Sma50$0.02
Mvwap20$-0.01
Macd-0.05
Rsi0.43
Volume593,375
Atr-0.02
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%
76
Strategy FitGeneric Wheel premium-selling environment fitCoverage 100%
70
Technical TrendPrice trend, momentum and long-term structureCoverage 100%
46
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%
38

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 Mixed Sentiment

The WFC option market displays a neutral stance, with implied volatility suggesting potential for moderate price movement in the coming weeks. While recent earnings beat expectations and dividend hike are positive, technical indicators show mixed signals with short-term weakness and uncertainty surrounding interest rates and economic conditions.

Front ATM IV25.10%
Current IV22.36%
IV Rank7.35
IV Percentile3.59%
25Δ skew0.16
Term slope-3.21
Term structureBackwardation
Quote coverage83%
Median option spread19.11%
Term structure

Implied volatility by expiration

3 observed expirations
25.1%21.9%
ExpirationDTEATM IVState
2026-08-281.0025.10%
2026-09-048.0022.49%
2026-09-1115.0021.89%
Reference structures

Defined-risk observations

Bull Put Spread Reference

Expiration
Short strike$84.00
Long strike$83.00
Net credit / share$0.12
Credit / width12.00%
$12$-88$82.45$84.55Expiration payoff per standard 100-share contract

Bear Call Spread Reference

Expiration
Short strike$86.00
Long strike$87.00
Net credit / share$0.07
Credit / width7.00%
$7$-93$85.45$87.55Expiration payoff per standard 100-share contract
Evidence used
  • Term structure is backwardated, indicating near-term higher implied volatility compared to longer-dated options.
  • Skew is balanced, suggesting a relatively symmetrical view of potential price movements.
Risk context
  • Uncertainty around net interest income (NII) trajectory and commercial real estate (CRE) credit quality.
Strategy intelligence

Structural fit, not a trade instruction

Wheel fit score70.10

The market appears to be digesting recent earnings and weighing the impact of interest rates and economic uncertainty on future performance.

Execution intelligence

Liquidity and quote conditions

Dollar volume$517.31M
Underlying bid/ask spread0.61%
Option quote coverage83%
Median option spread19.11%
Fundamental intelligence

Business quality context

Factor score54.40
Coverage86%

Business quality and balance-sheet durability

Latest strategy observation

WFC Covered Call signal

Aug 27, 2026 10:58 AM EDT

Covered Call | 2026-08-28 | short $85.00 | $0.40 credit | High turnover | also meets Conservative

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)11.9×
Beta0.96
52-week range$72.78 – $97.76
52-week return4.56%
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 identitya3ddc107510eda47360cb598

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.

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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