Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is Wells Fargo & Co. (WFC). So this week we highlight one interesting put contract, and one interesting call contract, from the May expiration for WFC. The put contract our YieldBoost algorithm identified as particularly interesting, is at the $46.50 strike, which has a bid at the time of this writing of 63 cents. Collecting that bid as the premium represents a 1.4% return against the $46.50 commitment, or a 10.8% annualized rate of return (at Stock Options Channel we call this the YieldBoost).
One Put, One Call Option To Know About for Wells Fargo & Co.
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