JPM, WFC: Big Bank Earnings Report Preview

Big bank stocks are to release earnings soon. Daniel Kern discusses this and he notes how JPMorgan Chase’s (JPM) earnings will be released tomorrow, premarket. He then goes over Wells Fargo (WFC) and notes its earnings will also be released tomorrow, premarket. Tom White then joins to demonstrate an example trade using WFC. The trade type is a covered call and the direction is neutral to bullish. He also demonstrates an example trade using JPMorgan Chase (JPM). The trade type is selling a put and the direction is also neutral to bullish. Tune in to find out more about the stock market today.