Bearish flow noted in Western Digital (WDC) with 6,181 puts trading, or 1.7x expected. Most active are Nov-25 32.5 puts and Dec-26 20 puts, with total volume in those strikes near 4,400 contracts. The Put/Call Ratio is 2.28, while ATM IV is up over 1 point on the day. Earnings are expected on July 31st.
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