Bearish flow noted in Western Digital (WDC) with 3,411 puts trading, or 3x expected. Most active are Dec-25 47.5 puts and Aug-25 60 puts, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 8.18, while ATM IV is up over 9 points on the day. Earnings are expected on July 31st.
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