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WDC

Western Digital CorporationClose $643.83EOD only
Max Pain
$670.00
Next expiry Jun 26, 2026
Expected Move
±$53.27
8.3% from close
Price Gap
+26.17
Distance to max pain
IV Rank
20
Low premium
P/C OI
1.37
Slightly put-heavy
Consensus
4.0/10
Bearish tilt
Published snapshot: Jun 24, 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 24, 2026 close
WDC AI Consensus Report
Analysis based on market close June 25, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
4.0

out of 10

4 not higher due to direct conflict between bullish directional and bearish flow; the pinning from GEX provides some agreement but the put flow undermines upside conviction. Not lower because earnings beat rate history and dealer positioning still support a pin.

Where Perspectives Agree

Dealer gamma pinning near $658 max pain is the dominant force, limiting directional movement and creating a high-probability range-bound environment.

Where They Diverge

Flow reports heavy institutional put buying (P/C 1.38 OI) signaling bearish hedging, directly contradicting the bullish directional thesis of a continued rally above $658.

Top Trade
via theta

Sell 2026-07-31 $580/$515 put spread for $1.20 credit — defined risk, benefits from pinning and time decay, aligns with theta and earnings caution.

Key Risk

Break below $658 max pain flips dealer gamma long to short, removing the pin and triggering stop-loss selling—downside accelerates to $600.

How to Use These Reports
This ai consensus reflects the market close on June 25, 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.