tiprankstipranks
Advertisement
Advertisement

Western Digital put volume heavy and directionally bearish

Bearish flow noted in Western Digital (WDC) with 8,769 puts trading, or 1.1x expected. Most active are 5/22 weekly 210 puts and May-26 210 puts, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 1.94, while ATM IV is up over 1 point on the day. Earnings are expected on April 30th.

Claim 30% Off TipRanks

New trading tool for WDC bulls

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1