Financial giants have made a conspicuous bullish move on Western Digital. Our analysis of options history for Western Digital WDC revealed 12 unusual trades.
Delving into the details, we found 58% of traders were bullish, while 41% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $198,252, and 7 were calls, valued at $501,737.
Projected Price Targets
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $63.0 and $80.0 for Western Digital, spanning the last three months.
Analyzing Volume & Open Interest
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Western Digital's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Western Digital's significant trades, within a strike price range of $63.0 to $80.0, over the past month.
Western Digital Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WDC | CALL | SWEEP | BEARISH | 09/19/25 | $6.15 | $5.9 | $6.1 | $80.00 | $183.0K | 68 | 302 |
| WDC | CALL | SWEEP | BULLISH | 02/21/25 | $3.05 | $2.78 | $2.87 | $72.50 | $83.5K | 10.8K | 304 |
| WDC | PUT | SWEEP | BEARISH | 02/21/25 | $1.66 | $1.61 | $1.66 | $65.00 | $83.0K | 4.2K | 2.5K |
| WDC | CALL | SWEEP | BULLISH | 01/24/25 | $2.5 | $2.5 | $2.5 | $68.00 | $75.0K | 3.7K | 1.1K |
| WDC | CALL | SWEEP | BULLISH | 01/24/25 | $2.0 | $1.75 | $2.0 | $68.00 | $64.6K | 3.7K | 388 |
About Western Digital
Western Digital is a leading vertically integrated supplier of data storage solutions, spanning both hard disk drives and solid-state drives. In the HDD market it forms a practical duopoly with Seagate, and it is the largest global producer of NAND flash chips for SSDs in a joint venture with competitor Kioxia.
Present Market Standing of Western Digital
- With a volume of 1,783,289, the price of WDC is up 3.81% at $70.0.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 7 days.
What Analysts Are Saying About Western Digital
5 market experts have recently issued ratings for this stock, with a consensus target price of $82.0.
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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * Reflecting concerns, an analyst from Cantor Fitzgerald lowers its rating to Overweight with a new price target of $95. * An analyst from Goldman Sachs has decided to maintain their Neutral rating on Western Digital, which currently sits at a price target of $70. * An analyst from Wells Fargo persists with their Overweight rating on Western Digital, maintaining a target price of $85. * Maintaining their stance, an analyst from Barclays continues to hold a Overweight rating for Western Digital, targeting a price of $80. * Maintaining their stance, an analyst from B of A Securities continues to hold a Buy rating for Western Digital, targeting a price of $80.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Western Digital options trades with real-time alerts from Benzinga Pro.
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