Western Digital put volume heavy and directionally bearish

Bearish flow noted in Western Digital (WDC) with 5,173 puts trading, or 1.7x expected. Most active are Mar-25 35 puts and 3/14 weekly 44.5 calls, with total volume in those strikes near 4,100 contracts. The Put/Call Ratio is 1.58, while ATM IV is up nearly 4 points on the day. Earnings are expected on April 24th.