Wells Fargo Stock is not a stock I often trade. Wells Fargo Stock symbol is WFC. Today’s earnings however were sold by investors which I think is a mistake. I thought the earnings were decent and show strength for this bank. Therefore I took a put position. Normally I sell 5 put contracts but this time I sold 10. The article looks at my trade and a trade idea for doing a partial put credit spread which I think would result in a decent return.
Wells Fargo Stock Trade Alert and Ideas
As explained in my article on Making 2014 A Profitable Year, this trade alert also contains a full discussion of another trade idea which offers more protection and could possibly result in better profits than what I will earn.
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