Deep-pocketed financiers have actually embraced a bullish method towards Western Digital (NASDAQ: WDC), and it’s something market gamers should not overlook. Our tracking of public alternatives records at Benzinga revealed this substantial relocation today. The identity of these financiers stays unidentified, however such a significant relocation in WDC typically recommends something huge will take place.
We obtained this info from our observations today when Benzinga’s alternatives scanner highlighted 78 remarkable alternatives activities for Western Digital. This level of activity runs out the regular.
The basic state of mind amongst these heavyweight financiers is divided, with 50% leaning bullish and 37% bearish. Amongst these significant alternatives, 6 are puts, amounting to $436,215, and 72 are calls, totaling up to $4,849,080.
Anticipated Cost Motions
Considering the Volume and Open Interest on these agreements, it appears that whales have actually been targeting a rate variety from $55.0 to $200.0 for Western Digital over the last 3 months.
Volume & & Open Interest Advancement
Examining the volume and open interest is a tactical action in alternatives trading. These metrics clarified the liquidity and financier interest in Western Digital’s alternatives at defined strike costs. The upcoming information envisions the change in volume and open interest for both calls and puts, connected to Western Digital’s considerable trades, within a strike rate spectrum from $55.0 to $200.0 over the preceding thirty days.
Western Digital Alternative Activity Analysis: Last 1 month
Noteworthy Options Activity:
| Sign | PUT/CALL | Trade Type | Belief | Exp. Date | Ask | Quote | Cost | Strike Cost | Overall Trade Cost | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WDC | CALL | TRADE | BEARISH | 06/18/26 | $ 29.1 | $ 28.85 | $ 28.85 | $ 150.00 | $ 216.3 K | 761 | 85 |
| WDC | CALL | SWEEP | BEARISH | 03/20/26 | $ 56.0 | $ 55.55 | $ 55.71 | $ 100.00 | $ 212.0 K | 442 | 130 |
| WDC | CALL | SWEEP | BULLISH | 11/07/25 | $ 18.0 | $ 17.95 | $ 18.0 | $ 132.00 | $ 178.2 K | 1.5 K | 901 |
| WDC | CALL | SWEEP | BEARISH | 01/16/26 | $ 14.8 | $ 14.4 | $ 14.42 | $ 150.00 | $ 144.2 K | 1.9 K | 338 |
| WDC | PUT | SWEEP | BULLISH | 01/16/26 | $ 18.5 | $ 18.45 | $ 18.45 | $ 150.00 | $ 125.4 K | 4 | 79 |
About Western Digital
Western Digital is a leading vertically incorporated provider of disk drive. The HDD market is a useful duopoly, with Western Digital and Seagate being the 2 biggest gamers. Western Digital styles and makes its HDDs, with much of the production and labor force situated in Asia. The main customers of HDDs are information centers.
Following our analysis of the alternatives activities connected with Western Digital, we pivot to a more detailed take a look at the business’s own efficiency.
Western Digital’s Current Market Status
- With a volume of 10,025,798, the rate of WDC is up 4.99% at $145.02.
- RSI signs hint that the underlying stock might be approaching overbought.
- Next profits are anticipated to be launched in 89 days.
What Experts Are Stating About Western Digital
In the last month, 5 professionals launched rankings on this stock with a typical target rate of $158.0.
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* Keeping their position, an expert from Wells Fargo continues to hold an Obese score for Western Digital, targeting a rate of $150.
* An expert from Evercore ISI Group continues with their Outperform score on Western Digital, keeping a target rate of $190.
* An expert from Rosenblatt has actually chosen to keep their Buy score on Western Digital, which presently sits at a rate target of $165.
* An expert from Loop Capital continues with their Buy score on Western Digital, keeping a target rate of $150.
* An expert from UBS has actually chosen to keep their Neutral score on Western Digital, which presently sits at a rate target of $135.
Options trading provides greater dangers and prospective benefits. Astute traders handle these dangers by constantly informing themselves, adjusting their techniques, keeping track of numerous signs, and keeping a close eye on market motions. Stay notified about the most recent Western Digital alternatives trades with real-time notifies from Benzinga Pro.