We previewed WFC earlier ahead of its earnings announcement tomorrow morning. We were initially inclined to leave this one alone, but we were intrigued because of the big move in rates in the 2nd quarter. We …
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Event: WFC reports Q2 earnings tomorrow before the open. The options market is implying about a 2.75% move, which is higher than the 4 qtr avg move of 1.85%, and lower than the 8 qtr avg …
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