Wells Fargo (NYSE: WFC) closed at $25.27 Monday. WFC July option implied volatility of 51 is above its 26-week average of 40 according to Track Data, suggesting larger price movement.
US Bancorp (NYSE: USB) closed at $30.95 Monday. USB June option implied volatility is at 39, July is at 35; above its 26-week average of 31, suggesting larger risks.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com










