How Benzinga’s view on $WDC changed

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2026-10-05Bullish
“$NVDA Hits Record High as Yields Climb to 5.25% | PreMarket Playbook | October 5, 2026”
WDC sold credit put spreads at support near 400 due to high IV; plan to take partial profit if price reaches ~425 and hold through earnings on the 29th.

Friday we did sell put spreads across the board in WDC tanked on Friday. Volatility exploded. supportwise, stock came down to a a really really big support level just around 400, just below.

So, we sold all sorts of, you know, credit put spreads on on Friday. And, uh, so far this morning, we're I don't know, stocks up 10 bucks right now, which is great. That can obviously change at the opening, but we'll we'll see what happens.