WDC
Western Digital CorporationClose $675.39EOD onlyThis page reflects WDC options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Historical consensus-supported lens with full content, report chain context, and metric rail.
Flow Verdict
Watch next session: $500 gamma flip; $550 support; $600 resistance
Flow Summary
Net premium: +$2.0M bullish
P/C volume ratio: 1.73
P/C OI ratio: 1.37
Notable Prints
Read-through: Deep ITM put buying indicates hedging against major downside
Read-through: Deep ITM put volume suggests defensive positioning
Read-through: Needs contextual interpretation.
Read-through: Needs contextual interpretation.
Read-through: Needs contextual interpretation.
Institutional Positioning
Call additions: OTM calls at $600/$620/$670 with moderate IV
Put additions: Aggressive put buying at $300/$270/$115/$590/$110/$535/$580; high IV suggests tail hedging
GEX/DEX consistency: Negative GEX (-$4M) + positive DEX (+) indicate dealers long delta short gamma; amplifies moves
OI clusters: Gamma flip at $500 based on put OI concentration (2,935 contracts, 14.7% below spot)
Hedging evidence: Heavy put volume with extreme IV (>200%) signals downside hedging
Max pain context: Spot below max pain; upward pin likely but mixed flow
Signal vs Noise
Key Conclusions
Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.
Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.
These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.