Unusual trading in Wells Fargo (WFC) options is noted, writes Steve Sears, with big buyers...

|About: Wells Fargo & Co. (WFC)|By:, SA News Editor

Unusual trading in Wells Fargo (WFC) options is noted, writes Steve Sears, with big buyers scooping up January $36 calls (current price: $34.91). Traders usually take advantage of inflated prices by selling options ahead of earnings, but the collapse in the VIX has made these puppies a better buy than sell.