With Earnings Coming On Wells Fargo Stock, We'll Look At A Cash-Secured Put

Earnings season is back and Wells Fargo (WFC) is set to report on Friday before the opening bell. The options market is pricing in a 4.3% move in either direction. Today, we're looking at selling a cash secured put on Wells Fargo stock to take advantage of the high implied volatility around the earnings announcement.X Cash-Secured Put On Wells Fargo StockA cash-secured put involves selling an at-the-money or out-of-the-money put option. You simultaneously set aside enough cash to buy the stock.The goal is t ...