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WDC

Western Digital CorporationClose $746.23EOD only
Max Pain
$580.00
Next expiry Jun 26, 2026
Expected Move
±$42.75
5.7% from close
Price Gap
-166.23
Distance to max pain
IV Rank
100
High premium
P/C OI
1.38
Slightly put-heavy
Consensus
7.0/10
Bullish tilt
Published snapshot: Jun 18, 2026 close
End-of-day snapshot

This page reflects WDC options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Jun 18, 2026 close
WDC AI Consensus Report
Analysis based on market close June 22, 2026
DirectionalTheta GangFlowEarningsConsensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

Conviction
6.0

out of 10

6 not 7 because earnings 37 days out and high put skew create uncertainty; if spot holds above $669, conviction could rise to 7.

Where Perspectives Agree

All personas converge on a bearish bias toward $640 support, reinforced by dealer long gamma, heavy put flow, and high IV.

Where They Diverge

Earnings persona's neutral range expectation conflicts with directional/flow's pre-earnings bearish drift; theta's put credit spread profits from time decay but contradicts institutional put buying that signals downside hedging.

Top Trade
via directional

Buy WDC 2026-07-31 $740/$680 bear put spread for $45.00 debit

Key Risk

Break below $640 (max pain) flips dealer gamma long to short, accelerating downside toward $540 gamma flip level.

How to Use These Reports
This ai consensus reflects the market close on June 22, 2026.
What the reports do

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.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.