9600 WDC Oct 47.5/52.5 calls and Jan2017 57.5/62.5 calls went up in 4 block on the PHLX marked spread.?

WDC

Shares of Western Digital Corp (WDC) are up .15 to 56.22. ?WDC is near the middle of the 52 week range.

  • Paper traded 9600 WDC Oct 47.5/52.5 calls and Jan2017 57.5/62.5 calls for 4.55 over 1.85.?
  • The ADV is 11326.
  • The OI is 14382 and 133258 in Oct and less than 2000 in Nov.

The volume went up in 4 block on the PHLX marked spread.? These spreads traded where the customer sold the Oct to close on a nice win and rolling out to the Jan2017.? They are looking for a new leg up.

  • IV 30 is trading for 34%.?
  • HV10 is trading for 32%.?
  • IV 30 is above the HV 10.

Western Digital Corporation (Western Digital) is a developer, manufacturer and provider of data storage devices and solutions that address the needs of the information technology (IT) industry and the infrastructure that enables the proliferation of data in virtually every industry.