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Western Digital call volume above normal and directionally bullish

Bullish option flow detected in Western Digital with 6,641 calls trading, 1.1x expected, and implied vol increasing over 1 point to 48.59%. Jan-23 40 calls and 12/9 weekly 29 puts are the most active options, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 0.32. Earnings are expected on January 26th.

Published first on TheFly

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