Western Digital (WDC, news, chart, volatility) is down 44 cents to $12.61 and more than 3,500 Feb 12.5 calls has traded. Trades include a sweep of 3,533 on the bid for $1.40. Looks like early call seller, perhaps part of a buy-write strategy.
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Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.