Western Digital Stock Options
| WDC Stock | USD 68.82 1.92 2.71% |
Western Digital's latest option contracts expiring on 2024-12-13 are carrying combined implied volatility of 0.22 with a put-to-call open interest ratio of 0.0 over 54 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-12-13. The total put volume is at 821, with calls trading at the volume of 821. This yields a 0.55 put-to-call volume ratio.
In The Money vs. Out of Money Option Contracts on Western Digital
Analyzing Western Digital's in-the-money options over time can help investors to take a profitable long position in Western Digital regardless of its overall volatility. This is especially true when Western Digital's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Western Digital's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Western Digital's stock while costing only a fraction of its price.
Western Digital's stock options are financial instruments that give investors the right to buy or sell shares of Western Digital common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Western stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Western Digital's stock price goes up or down, the stock options follow.
At present, Western Digital's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 4.7 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 202.2 M. Western Digital In The Money Call Balance
When Western Digital's strike price is surpassing the current stock price, the option contract against Western Digital stock is said to be in the money. When it comes to buying Western Digital's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Western Digital are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
Western Current Options Market Mood
Western Digital's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Western Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Volume
Most options investors, including buyers and sellers of Western Digital's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Western Digital's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.
Rule 16 of the current Western contract
Base on the Rule 16, the options market is currently suggesting that Western Digital will have an average daily up or down price movement of about 0.0138% per day over the life of the 2024-12-13 option contract. With Western Digital trading at USD 68.82, that is roughly USD 0.009463. If you think that the market is fully incorporating Western Digital's daily price movement you should consider buying Western Digital options at the current volatility level of 0.22%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Western |
Purchasing Western Digital options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Western calls. Remember, the seller must deliver Western Digital stock to the call owner when a call is exercised.
Western Digital Option Chain
When Western Digital's strike price is surpassing the current stock price, the option contract against Western Digital stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
2024-12-132024-12-202024-12-272025-01-032025-01-102025-01-172025-01-242025-02-212025-04-172025-06-202025-07-182025-09-192026-01-162026-12-182027-01-15
Western Digital's option chain is a display of a range of information that helps investors for ways to trade options on Western. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Western. It also shows strike prices and maturity days for a Western Digital against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone. | Open Int | Expiration | Current Spread | Last Price | |||
Call | WDC Option Call 13-12-2024 40 | 0 | 2024-12-13 | 0.0 - 0.0 | 28.84 | In |
Call | WDC Option Call 13-12-2024 55 | 0 | 2024-12-13 | 0.0 - 0.0 | 14.46 | In |
Call | WDC Option Call 13-12-2024 57 | 0 | 2024-12-13 | 0.0 - 0.0 | 9.04 | In |
Call | WDC Option Call 13-12-2024 60 | 0 | 2024-12-13 | 0.0 - 0.0 | 14.34 | In |
Call | WDC Option Call 13-12-2024 63 | 0 | 2024-12-13 | 0.0 - 0.0 | 3.56 | In |
Call | WDC Option Call 13-12-2024 64 | 0 | 2024-12-13 | 0.0 - 0.0 | 7.77 | In |
Call | WDC Option Call 13-12-2024 65 | 0 | 2024-12-13 | 0.0 - 0.0 | 6.02 | In |
Call | WDC Option Call 13-12-2024 66 | 0 | 2024-12-13 | 0.0 - 0.0 | 3.06 | In |
Call | WDC Option Call 13-12-2024 67 | 0 | 2024-12-13 | 0.0 - 0.0 | 3.15 | In |
Call | WDC Option Call 13-12-2024 68 | 0 | 2024-12-13 | 0.0 - 0.0 | 2.27 | In |
Call | WDC Option Call 13-12-2024 69 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.88 | |
Call | WDC Option Call 13-12-2024 70 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.58 | |
Call | WDC Option Call 13-12-2024 71 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.32 | |
Call | WDC Option Call 13-12-2024 72 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.21 | |
Call | WDC Option Call 13-12-2024 73 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.12 | |
Call | WDC Option Call 13-12-2024 74 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.09 | |
Call | WDC Option Call 13-12-2024 75 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.1 | |
Call | WDC Option Call 13-12-2024 76 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.04 | |
Call | WDC Option Call 13-12-2024 77 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.06 | |
Call | WDC Option Call 13-12-2024 78 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.06 | |
Call | WDC Option Call 13-12-2024 79 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.05 | |
Call | WDC Option Call 13-12-2024 80 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.03 | |
Call | WDC Option Call 13-12-2024 81 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.12 | |
Call | WDC Option Call 13-12-2024 82 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.01 | |
Call | WDC Option Call 13-12-2024 85 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.01 | |
Put | WDC Option Put 13-12-2024 40 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.31 | |
Put | WDC Option Put 13-12-2024 45 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.37 | |
Put | WDC Option Put 13-12-2024 50 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.5 | |
Put | WDC Option Put 13-12-2024 51 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.11 | |
Put | WDC Option Put 13-12-2024 52 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.14 | |
Put | WDC Option Put 13-12-2024 53 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.17 | |
Put | WDC Option Put 13-12-2024 54 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.01 | |
Put | WDC Option Put 13-12-2024 55 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.01 | |
Put | WDC Option Put 13-12-2024 56 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.01 | |
Put | WDC Option Put 13-12-2024 57 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.01 | |
Put | WDC Option Put 13-12-2024 58 | 0 | 2024-12-13 | 0.01 - 0.0 | 0.01 | |
Put | WDC Option Put 13-12-2024 59 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.01 | |
Put | WDC Option Put 13-12-2024 60 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.03 | |
Put | WDC Option Put 13-12-2024 61 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.01 | |
Put | WDC Option Put 13-12-2024 62 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.3 | |
Put | WDC Option Put 13-12-2024 63 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.34 | |
Put | WDC Option Put 13-12-2024 64 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.09 | |
Put | WDC Option Put 13-12-2024 65 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.09 | |
Put | WDC Option Put 13-12-2024 66 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.24 | |
Put | WDC Option Put 13-12-2024 67 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.51 | |
Put | WDC Option Put 13-12-2024 68 | 0 | 2024-12-13 | 0.0 - 0.0 | 0.9 | |
Put | WDC Option Put 13-12-2024 69 | 0 | 2024-12-13 | 0.0 - 0.0 | 1.11 | In |
Put | WDC Option Put 13-12-2024 70 | 0 | 2024-12-13 | 0.0 - 0.0 | 1.83 | In |
Put | WDC Option Put 13-12-2024 71 | 0 | 2024-12-13 | 0.0 - 0.0 | 2.47 | In |
Put | WDC Option Put 13-12-2024 72 | 0 | 2024-12-13 | 0.0 - 0.0 | 3.45 | In |
Put | WDC Option Put 13-12-2024 73 | 0 | 2024-12-13 | 0.0 - 0.0 | 4.52 | In |
Put | WDC Option Put 13-12-2024 74 | 0 | 2024-12-13 | 0.0 - 0.0 | 4.72 | In |
Put | WDC Option Put 13-12-2024 75 | 0 | 2024-12-13 | 0.0 - 0.0 | 5.75 | In |
Put | WDC Option Put 13-12-2024 85 | 0 | 2024-12-13 | 0.0 - 0.0 | 11.6 | In |
Western Digital Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Western Total Stockholder Equity
Total Stockholder Equity |
|
Western Digital Corporate Management
| David Goeckeler | CEO Director | Profile | |
| Gene Zamiska | Senior Officer | Profile | |
| David Tang | Senior Marketing | Profile | |
| Robert Soderbery | Executive Business | Profile |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Western Stock refer to our How to Trade Western Stock guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Western Digital. If investors know Western will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Western Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.96) | Earnings Share 0.91 | Revenue Per Share 43.315 | Quarterly Revenue Growth (0.41) | Return On Assets 0.0404 |
The market value of Western Digital is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Digital's value that differs from its market value or its book value, called intrinsic value, which is Western Digital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Western Digital's market value can be influenced by many factors that don't directly affect Western Digital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Western Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Digital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.