July 14, 2020 | Daily JAM, Short Term, Stock Alerts, Volatility, WFC, You Might Have Missed |
On today's bad news from JPMorgan Chase (JPM), Citigroup (C), and, especially, Wells Fargo (WFC), the Wells Fargo Put Options (WFC201016P00025000) I hold in my Volatility Portfolio had gained 20.62% to $3.10 as of 2 p.m. New York time today. That still leaves this...
July 9, 2020 | Daily JAM, Stock Alerts, WFC |
Wells Fargo (WFC) will cut thousands of jobs later this year, Bloomberg reported today. The bank, the largest employers among U.S. banks, is facing intense pressure to cut costs. So far in the coronavirus economic downturn,U.S. banks have resisted large-scale layoffs....
April 5, 2020 | Daily JAM, Short Term, Volatility, WFC |
If my recent buy of Put Options on JPMorgan Chase (JPM) is a bet that investors and traders will sell one of the country's best run big banks ahead of first quarter earnings and second quarter guidance to protect against the effects of an economic slowdown, my buy of...