Shares of Western Digital, Corp. (WDC) are trading up 2.80 today to $36.40. WDC is trading.60 off of highs today.
The trader bought puts in a large blocks of over 8,600+ contracts @ .42.? The puts are currently bid lower.? This is moving the IV in January up 8.3% to 40.79%.? Open interest is over 9,500 contracts so the purchase is most likely a successful close after a sharp run up in the stock.
30-day implied volatility is 35%.?? 10-day implied volatility is 30%.? 30-day Implied volatility is trading just over the 10 day historical volatility.? WDC made a 3-month high today but is far off its highs for the year of $47.67.
Western Digital Corporation, through its subsidiaries, engages in the development, manufacture, and sale of storage products that enable people to create, manage, experience, and preserve digital content.
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