Replies to post #1434 on Wells Fargo and Company (WFC)

[Porgie Tirebiter]

You can sell Nov. 44 puts for 22¢ right now. That creates the shares for you at $43.78. You'll either own the shares at that price or get .5% on your cash in less than two weeks and that's not a bad return on a quick trade.

That's what I've been doing since the scandal hit the headlines. $43 and $44 and I've yet to get put into the stock itself.