Western Digital(US:WDC) Benzinga·2026-01-14 19:00Group 1: Market Activity and Sentiment - Financial giants have shown a bullish sentiment towards Western Digital, with 46% of traders being bullish and 39% bearish, indicating a positive outlook in the options market [1] - The trading volume and open interest suggest a price range focus between $95.0 and $310.0 for Western Digital over the last three months [2] - Noteworthy options activity includes significant bullish trades, with total call trades valued at $1,543,595 compared to put trades valued at $506,697 [1] Group 2: Options Analysis - The analysis of volume and open interest is crucial for tracking liquidity and interest in Western Digital's options, particularly within the strike price range of $95.0 to $310.0 over the last 30 days [3] - Specific options trades indicate bullish sentiment, with notable call trades at various strike prices, including a $310.00 strike with a total trade value of $160,000 [6] Group 3: Company Overview - Western Digital is a leading supplier of hard disk drives, operating in a duopoly market alongside Seagate, with a significant portion of manufacturing based in Asia [7] - The primary consumers of Western Digital's HDDs are data centers, highlighting the company's role in the data storage industry [7] Group 4: Current Market Standing - The current trading volume for Western Digital is 3,046,371, with the stock price at $213.74, reflecting a slight decrease of -0.12% [9] - An analyst from Morgan Stanley maintains an Overweight rating for Western Digital, with a target price of $228.0, indicating confidence in the stock's potential [8]