WDC Forecast + Trading Strategies


Bullish Case: Robust new product lineup, including 2Tb 3D QLC NAND flash, and strong bullish risk across all tenors, suggested by increased volume and liquidity in call options.


Bearish Case: Persistent legal and competitive pressures, coupled with a flat term structure, may dampen potential growth and weigh heavily on the stock's outlook.


Potential Outcomes: 40% Upside from product innovation and consumer adoption, 35% Downside from legal and competitive challenges, 25% Neutral with stable but unimpressive growth.


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June 24, 2024


Western Digital Forecast

WDC      Western Digital











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Uncorrelated Assets

Assets with little price relationship to WDC



BEAM Forecast + Options Trading Strategies   BEAM  Beam Therapeutics (-0.0)


ARKQ Forecast + Options Trading Strategies   ARKQ  ARK Autonomous Technology & Robotics E (-0.0)


BRZE Forecast + Options Trading Strategies   BRZE  Braze (-0.0)


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Anticorrelated Assets

Assets that tend to move strongly against WDC



SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.92)


VIXY Forecast + Options Trading Strategies   VIXY  ProShares VIX Short-Term Futures (-0.95)


MED Forecast + Options Trading Strategies   MED  Medifast (-0.95)


VXX Forecast + Options Trading Strategies   VXX  iPath Series B S&P 500 VIX Short-Term Futures (-0.95)


UVXY Forecast + Options Trading Strategies   UVXY  ProShares Ultra VIX Short-Term Futures (-0.96)





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