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WFC Jul 2024 45.000 put

OPR - OPR Delayed price. Currency in USD
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0.01000.0000 (0.00%)
As of 03:21PM EDT. Market open.
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Previous close0.0100
Open0.0100
Bid0.0000
Ask0.0100
Strike45.00
Expiry date2024-07-12
Day's range0.0100 - 0.0100
Contract rangeN/A
Volume50
Open interest336
  • Yahoo Finance Video

    Goldman Sachs earnings prove bank still very cyclical

    Among the Big Bank stocks, JPMorgan Chase & Co. (JPM), Wells Fargo (WFC), Citigroup (C), Goldman Sachs (GS), and BlackRock (BLK) have been the first to report second-quarter results this earnings season. Portales Partners founder and Wall Street Beats partner Charlie Peabody comes on Market Domination to talk about the prevalent themes emerging in bank earnings, such as net interest income figures "Short term, there's momentum in the capital markets. And so Goldman is a good momentum play, but we argue that their earnings stream remains much more cyclical than the market is valuing them at," Peabody states. "And that's the big debate out there in management as they moved away from their failed consumer banking strategy back to their roots as an investment bank, have been trying to convince the street that there is a core underlying earnings power that's sustainable and stable. And I don't believe them." Peabody also looks ahead to the bank earnings due out this week, such as Morgan Stanley (MS): "I think it's going to be more of the same — strong, investment banking with an eye towards a pick up in M&A and IPOs in the second half of the year. And then trading will be driven more by equity trading and less so by fixed income trading." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.

  • Barrons.com

    Wells Fargo Raises Rates on Client Sweep Accounts. It Will Cost the Bank $350 Million.

    The bank is making the change after it acknowledged that the SEC was probing its practices related to cash sweep options.

  • Zacks

    Q2 Earnings Growth Expected to Reach Two-Year High

    We see the Q2 results from the major banks as good enough - not great, but definitely not bad either. The stocks' outperformance entering this reporting cycle contributed to the market's tentative initial reaction to the results.