Put Selling Buffett’s Banks Part 3 – Wells Fargo Stock – WFC Stock

The third Buffet bank I am looking at for Put Selling opportunities is Wells Fargo. Wells Fargo stock trades on New York under the symbol WFC. In an interview last week on CNBC, Warren Buffett named Wells Fargo Stock his most favorite bank into 2014. Buffett has held shares in Wells Fargo Stock for a long time. He has added shares from time to time and has spoken highly of the bank on many occasions including during the 2008 financial crisis.

Wells Fargo Stock: WFC

This third part in this 5 part series looks at WFC Stock and discusses an in-depth strategy that could be used for a combination strategy to improve earnings. Back testing this strategy returned over 25% annually.

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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.