Bullish option flow detected in Western Digital with 10,239 calls trading, 1.8x expected, and implied vol increasing over 4 points to 52.15%. 8/2 weekly 70 calls and Aug-24 77.5 calls are the most active options, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 0.65. Earnings are expected on July 31st.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WDC:
- Citi ups Western Digital target, opens ‘positive catalyst watch’
- Unusually active option classes on open July 8th
- Morgan Stanley Pounds the Table on These 2 Quality Large-Cap Stocks
- Adeia’s hybrid bonding technology continues to capture attention
- Western Digital price target raised to $88 from $80 at Susquehanna