Western Digital Corporation (WDC) Options Chain

The options chain displays all available contracts with real-time quotes, Greeks, volume, and open interest for each strike and expiration. It is the primary tool for options trade selection.

Western Digital Corporation (WDC) operates in the Technology sector, specifically the Computer Hardware industry, with a market capitalization near $202.14B, listed on NASDAQ, employing roughly 40,000 people, carrying a beta of 2.20 to the broader market. Western Digital Corporation designs, manufactures, and markets a broad range of data storage devices and software solutions across the United States, China, Hong Kong, Europe, the Middle East, Africa, and the rest of Asia, serving an international market. Led by Tiang Yew Tan, public since 1978-10-31.

Snapshot as of Jun 30, 2026.

Spot Price

$638.20

Total OI

403.6K

Total Volume

48.8K

Front Expiration

31 days

Second Expiration

38 days

ATM IV

99.1%

Avg Bid/Ask Spread

29.19%

As of Jun 30, 2026, Western Digital Corporation (WDC) has 403.6K open contracts and 48.8K contracts traded. The nearest expiration is 31 days out, followed by 38 days. ATM implied volatility is 99.1%. Average bid/ask spread across the chain is 29.19%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.

How WDC options chain Data Feeds Strategy Selection

Strategy selection on Western Digital Corporation options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 99.1% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the options chain data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.

How to read the WDC chain depth

The listed-expirations table above shows every expiration available for Western Digital Corporation options with its days-to-expiration count and ATM implied volatility. Front-month expirations carry the most volume, the highest gamma, and the tightest bid-ask spreads; longer-dated tenors carry less liquidity but more vega exposure. WDC front expiration sits at 31 days - the typical hedging horizon for monthly options. The contango term-structure slope of 0.029 means longer-dated tenors price in proportionally more IV.

WDC chain mechanics and execution

Options are listed at standardized strike intervals (typically $1 for sub-$25 underlyings, $2.50-$5 for mid-cap, $10-$50 for large-cap), and the deltas of each listed strike are determined by where IV lies relative to the strike's moneyness. Average bid/ask spread on the WDC chain is 29.19% - a measure of liquidity. Tighter spreads on liquid strikes mean lower transaction costs; wider spreads on long-dated or far-OTM strikes mean execution drag can dominate the math. The chain table on the SPA side shows the full per-strike, per-expiration grid; this SSR page summarizes the listed expirations and the front-month context to anchor the structural read.

Using the WDC chain to build structures

Strategy selection starts with the chain: directional theses use single-leg calls or puts, range-bound theses use credit spreads or iron condors, vol theses use straddles or strangles, calendar theses use diagonal spreads. WDC's current 28.40% expected move anchors wing placement - structures with wings at the implied band collect the modal-outcome premium under lognormal assumptions. Cross-reference with the gamma-exposure profile to understand where dealer hedging will reinforce or fight your position, and with the volatility-skew chart to confirm the strikes you're trading sit at the IV levels your strategy assumes.

Learn how the options chain is reported and how to read the data →

WDC listed expirations

Per-expiration ATM implied volatility for WDC options. Each row is one listed expiration with its days-to-expiration count and ATM IV pulled from the same term-structure feed that powers the SPA's expiration filter. Front-month expirations carry the highest gamma, the tightest bid-ask spreads, and the most volume; longer-dated tenors carry less liquidity but more vega.

Frequently asked WDC options chain questions

What does the WDC options chain show right now?

As of Jun 30, 2026, Western Digital Corporation (WDC) has 403.6K contracts outstanding and 48.8K traded today, with ATM IV of 99.1%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.

What expirations are available for WDC options?

The nearest expiration is 31 days out, followed by 38 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.

How tight are WDC options bid/ask spreads?

Average bid/ask spread across the chain is 29.19%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.