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Traders Bet Western Digital Shares Will Fall

Stock quotes in this article: WDC  

OptionMonster co-founder Pete Najarian provides options picks Monday, Wednesday and Friday in TheStreet.com's Deep in the Money Calls newsletter.

David Russell, reporter for OptionMonster.

Options traders apparently think that Western Digital(WDC Quote) is headed lower.

OptionMonster's tracking systems detected heavy activity in the July 22.50 puts, which changed hands for 60 cents to 90 cents this morning. Volume surged to 20,882 contracts, more than three times open interest, with most of the trading in a strong buying pattern. ...

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