Western Digital calls active for a second day
Western Digital calls active for a second day. Shares off 16c to $94.28 and Jul 96 calls trade across the exchanges from 91c down to 78c per contract. 6.6K trade total against 9.8K open interest and the activity today likely closes some bullish positions opened Friday when buyers paid 88 and 90c per contract. These calls are now 2% OTM and expiring at the end of this week. Also Friday, a bullish play opened in Western Digital as 5.5K Oct 82.5 puts sold at $2.63 to buy 5.5K Oct 100 - 110 call spreads for $2.78.