Wells Fargo & Company (WFC) Options Chain
The options chain displays all available contracts with end-of-day quotes, Greeks, volume, and open interest for each strike and expiration, and streams live quotes for traders who connect a broker. It is the primary tool for options trade selection.
Wells Fargo & Company (WFC) operates in the Financial Services sector, specifically the Banks - Diversified industry, with a market capitalization near $269.02B, listed on NYSE, employing roughly 197,466 people, carrying a beta of 0.92 to the broader market. Wells Fargo & Company, a financial services company, provides diversified banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. Led by Charles W. Scharf, public since 1972-06-01.
Snapshot as of Aug 14, 2026.
- Spot Price
- $88.63
- Total OI
- 993.3K
- Total Volume
- 26.2K
- Front Expiration
- 28 days
- Second Expiration
- 35 days
- ATM IV
- 21.1%
- Avg Bid/Ask Spread
- 10.08%
As of Aug 14, 2026, Wells Fargo & Company (WFC) has 993.3K open contracts and 26.2K contracts traded. The nearest expiration is 28 days out, followed by 35 days. ATM implied volatility is 21.1%. Average bid/ask spread across the chain is 10.08%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.
How WFC options chain Data Feeds Strategy Selection
Strategy selection on Wells Fargo & Company options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 21.1% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the options chain data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.
How to read the WFC chain depth
The listed-expirations table above shows every expiration available for Wells Fargo & Company options with its days-to-expiration count and ATM implied volatility. Front-month expirations carry the most volume, the highest gamma, and the tightest bid-ask spreads; longer-dated tenors carry less liquidity but more vega exposure. WFC front expiration sits at 28 days - the typical hedging horizon for monthly options. The contango term-structure slope of 0.008 means longer-dated tenors price in proportionally more IV.
WFC chain mechanics and execution
Options are listed at standardized strike intervals (typically $1 for sub-$25 underlyings, $2.50-$5 for mid-cap, $10-$50 for large-cap), and the deltas of each listed strike are determined by where IV lies relative to the strike's moneyness. Average bid/ask spread on the WFC chain is 10.08% - a measure of liquidity. Tighter spreads on liquid strikes mean lower transaction costs; wider spreads on long-dated or far-OTM strikes mean execution drag can dominate the math. The chain table on the SPA side shows the full per-strike, per-expiration grid; this SSR page summarizes the listed expirations and the front-month context to anchor the structural read.
Using the WFC chain to build structures
Strategy selection starts with the chain: directional theses use single-leg calls or puts, range-bound theses use credit spreads or iron condors, vol theses use straddles or strangles, calendar theses use diagonal spreads. WFC's current 6.04% expected move anchors wing placement - structures with wings at the implied band collect the modal-outcome premium under lognormal assumptions. Cross-reference with the gamma-exposure profile to understand where dealer hedging will reinforce or fight your position, and with the volatility-skew chart to confirm the strikes you're trading sit at the IV levels your strategy assumes.
Learn how the options chain is reported and how to read the data →
WFC listed expirations
Per-expiration ATM implied volatility for WFC options. Each row is one listed expiration with its days-to-expiration count and ATM IV pulled from the same term-structure feed that powers the SPA's expiration filter. Front-month expirations carry the highest gamma, the tightest bid-ask spreads, and the most volume; longer-dated tenors carry less liquidity but more vega.
| Expiration | DTE | ATM IV |
|---|---|---|
| Aug 21, 2026 | 7 | 19.7% |
| Aug 28, 2026 | 14 | 21.0% |
| Sep 4, 2026 | 21 | 20.9% |
| Sep 11, 2026 | 28 | 20.8% |
| Sep 18, 2026 | 35 | 21.6% |
| Sep 25, 2026 | 42 | 21.6% |
| Oct 2, 2026 | 49 | 22.2% |
| Oct 16, 2026 | 63 | 25.4% |
| Nov 20, 2026 | 98 | 25.6% |
| Dec 18, 2026 | 126 | 25.6% |
| Jan 15, 2027 | 154 | 26.8% |
| Mar 19, 2027 | 217 | 27.3% |
| Jun 17, 2027 | 307 | 28.1% |
| Dec 17, 2027 | 490 | 28.9% |
| Jan 21, 2028 | 525 | 29.2% |
| Dec 15, 2028 | 854 | 30.0% |
Frequently asked WFC options chain questions
- What does the WFC options chain show right now?
- As of Aug 14, 2026, Wells Fargo & Company (WFC) has 993.3K contracts outstanding and 26.2K traded today, with ATM IV of 21.1%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
- What expirations are available for WFC options?
- The nearest expiration is 28 days out, followed by 35 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
- How tight are WFC options bid/ask spreads?
- Average bid/ask spread across the chain is 10.08%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.