Dated end-of-day edition
JW Intelligence Report

Wells Fargo & Co / WFC

StockFinancialsBanking
JW Rank72.5/ 100
Official close$88.96-1.33 (-1.47%)
Bid$88.38
Ask$88.95
Previous close$90.29
ATR (14)2.15%
RSI (14)54.3
Volume8.71M
Model reference$87.50
Upside scenario$92.00
Risk reference$84.00
Decision summary

WFC Option Market Implies Balanced Sentiment

ConstructiveHigh confidence

The WFC option market displays a neutral stance, with implied volatility reflecting moderate expected price movement. The term structure is in backwardation, suggesting near-term uncertainty and potential for volatility compression as expiration approaches.

Wheel contextThe current option pricing suggests a neutral outlook for WFC. The lack of significant skew or extreme IV levels indicates balanced sentiment.
Dated supporting context

JW AI outlook

Neutral

Short-term scenario

Cautious dip-buy for potential 1-3 week bounce amid bank relative strength and positive MACD, but high uncertainty from volatility, mixed technicals, and pre-earnings positioning (Oct 13 report). Not a high-conviction setup.

Three-month outlook

Moderately constructive toward $95-100 analyst targets, backed by EPS growth, buybacks, NII expansion post-asset cap, and capital returns. Significant uncertainty remains around interest rates, credit quality, macro conditions, and the Oct 13 earnings catalyst which could drive volatility either way. Valuation mixed (some DCF overvalued). Identify all forecasts as uncertain.


Market sentiment context

Sparse relevant recent posts; mostly unrelated spam/promos. Limited current investor discussion visible; older posts reference past misconduct, mortgage slowdown, and recession outlooks. No strong bullish or bearish consensus in latest data; sentiment appears muted/mixed with low engagement.

Observed market data

Price and technical structure

Dated end-of-day indicator set
Trend reference levels11 observations
20D SMA$87.14
50D SMA$87.14
200D SMA$85.13
9D EMA$88.78
21D EMA$87.88
20D MVWAP$87.47
YTD VWAP$84.01
Daily reference VWAP$88.86
Price vs 20D SMA1.80%
Price vs 50D SMA1.80%
Price vs 200D SMA4.21%
Momentum kinematics10 observations
RSI (7)52.54
RSI (14)54.33
RSI (21)54.37
Stochastic K80.80
Stochastic D83.39
MACD line0.83
MACD histogram0.56
ADX (14)14.90
MACD acceleration0.05
RSI velocity-1.79
Volatility and price boundaries11 observations
ATR (14)0.02
ATR (14) %2.15%
Bollinger upper$91.40
Bollinger middle$87.14
Bollinger lower$82.87
Bollinger position0.68%
Volatility environmentMedium
20D realized volatility22.50%
Observed range position80.47%
5D true high$91.16
5D true low$87.20
Participation and institutional flow7 observations
Volume8.71M
20D average volume6.60M
Volume vs 20D average1.32x
20D SMA velocity0.04
50D SMA velocity0.10
Institutional flow0.09
ATR velocity0.02
Available cached indicators

Detailed decision indicators

Dated authorized values
Market overview7 observations
Price$88.96
DateSep 14, 2026
Volume8.71M
Vwap D$88.86
Mvwap 20$87.47
Change-1.33
Change Percentage 1.47%
Trend structure6 observations
Trend SignalStrong Bull
Sma 20$87.14
Sma 50$87.14
Sma 200$85.13
Ema 9$88.78
Ema 21$87.88
Momentum structure9 observations
Rsi 752.54
Rsi 1454.33
Rsi 2154.37
Rsi SignalNeutral
Stoch K80.80
Stoch D83.39
Macd Line0.83
Macd SignalBullish
Macd Hist0.56
Volatility structure3 observations
Atr1.91
Atr Pct2.15%
EnvironmentMedium
Option market context3 observations
Current Iv28.34
Iv Rank34.57
Iv Percentile52.19%
Price boundaries8 observations
Bb Upper91.40
Bb Middle87.14
Bb Lower82.87
Bb Pctb0.68
True High$90.48
True Low$87.38
True High 5d$91.16
True Low 5d$87.20
Three-day velocities7 observations
Sma20$0.04
Sma50$0.10
Mvwap20$0.09
Macd0.05
Rsi-1.79
Volume308
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%
82
Strategy FitGeneric Wheel premium-selling environment fitCoverage 100%
86
Technical TrendPrice trend, momentum and long-term structureCoverage 100%
82
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%
65

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 WFC option market displays a neutral stance, with implied volatility reflecting moderate expected price movement. The term structure is in backwardation, suggesting near-term uncertainty and potential for volatility compression as expiration approaches.

Front ATM IV30.81%
Current IV27.99%
IV Rank32.96
IV Percentile47.81%
25Δ skew2.39
Term slope-4.83
Term structureBackwardation
Quote coverage95%
Median option spread16.55%
Term structure

Implied volatility by expiration

3 observed expirations
30.8%26.0%
ExpirationDTEATM IVState
2026-09-184.0030.81%
2026-09-2511.0026.53%
2026-10-0218.0025.98%
Reference structures

Defined-risk observations

Bull Put Spread Reference

Expiration
Short strike$86.00
Long strike$85.00
Net credit / share$0.17
Credit / width17.00%
$17$-83$84.45$86.55Expiration payoff per standard 100-share contract

Bear Call Spread Reference

Expiration
Short strike$90.00
Long strike$91.00
Net credit / share$0.22
Credit / width21.50%
$22$-78$89.45$91.55Expiration payoff per standard 100-share contract
Evidence used
  • WFC's 25-delta skew is balanced, indicating no strong directional bias in the market.
  • The IV rank and percentile are average, suggesting WFC's implied volatility is neither unusually high nor low compared to historical levels.
Risk context
  • Earnings are approaching on October 13th, which could introduce volatility and potentially impact option prices.
Strategy intelligence

Structural fit, not a trade instruction

Wheel fit score85.60

The current option pricing suggests a neutral outlook for WFC. The lack of significant skew or extreme IV levels indicates balanced sentiment.

Execution intelligence

Liquidity and quote conditions

Dollar volume$772.81M
Underlying bid/ask spread0.80%
Option quote coverage95%
Median option spread16.55%
Fundamental intelligence

Business quality context

Factor score54.40
Coverage86%

Business quality and balance-sheet durability

Latest strategy observation

WFC Covered Call signal

Sep 14, 2026 10:09 AM EDT

Covered Call | 2026-09-18 | short $90.00 | $1.12 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)12.1×
Beta0.94
52-week range$72.78 – $97.76
52-week return11.13%
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 identity4adcd23793fe15d456718448

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