Bullish Options Bias in Western Digital (WDC) Targets Micron Technology (MU) Earnings Next Week as Potential Upside Catalyst -Susquehanna
Get Alerts WDC Hot Sheet
Price: $732.62 -1.82%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 5.2%
EPS Growth %: +97.6%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 5.2%
EPS Growth %: +97.6%
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Susquehanna options strategist Alison Edwards notes short-dated bullish options activity in Western Digital (NASDAQ: WDC), as an investor bought ~7k Sep 58 Calls early in the session. The investor is likely looking to capture a move from Micron Technology (NASDAQ: MU) earnings next week.
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