Conservative Options Opportunities and Wells Fargo

'Wells Fargo & Co. was slapped with a $185 million fine [earlier this month] for “widespread illegal” sales practices that included opening as many as two million deposit and credit-card accounts without customers’ knowledge' -read the rest from WSJ.

This is horrible. And it makes sense that the bank has been taking so much heat from Congress this week. It also makes sense that Wells Fargo shares have declined sharply this month and volatility remains high. In fact, the heightened volatility has created some attractive covered call option premiums for conservative income-focused investors that own shares of Wells Fargo. We've provided more information on Wells Fargo (and other attractive covered call stocks) below...

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