Wells Fargo Put Exercise

Wells Fargo Put Exercise 1 16 9

Because of the continuing banking crisis

around the world,

I will exercise the WFC Jan 34 put options

bought last Oct 3rd and stay in cash.

The price could fall to 15 over the next few quarters.

This is a difficult situation for the banking sector

with Wells Fargo possibly in the best position to benefit

over the coming years.

I have business relations with Wells Fargo.

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