thetaOwl
HomeOptionsWDCReports

WDC

Western Digital CorporationClose $438.34EOD only
Max Pain
$460.00
Next expiry Aug 14, 2026
Expected Move
±$33.77
7.7% from close
Price Gap
+21.66
Distance to max pain
IV Rank
8
Low premium
P/C OI
1.35
Slightly put-heavy
Consensus
3.5/10
Bearish tilt
Published snapshot: Aug 10, 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
Aug 10, 2026 close
WDC AI Consensus Report
Analysis based on market close June 26, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
3.5

out of 10

3.5 not 4.5 because conflicting signals between flow and theta, plus earnings binary risk in 33 days, reduce conviction despite bearish alignment.

Where Perspectives Agree

Bearish bias with high IV and negative GEX favoring downside, but elevated volatility and conflicting flow signals create complex risk.

Where They Diverge

Theta recommends avoiding directional premium selling due to high vol, while Flow's net premium positive (call accumulation) contradicts the pure bearish put-heavy thesis.

Top Trade
via flow

Buy Jul 10 $540/$500 put spread for $1.20 debit

Key Risk

Break below $540 flips dealer gamma long and accelerates to $500 gamma flip, invalidating bearish flow thesis.

How to Use These Reports
This ai consensus reflects the market close on June 26, 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.