Category: Markets

Options positioning in Space Exploration Technologies is stacking up around the $160 strike into Oct 2, 0.7% above where the stock trades at $158.96. Net gamma reads positive, a setup that tends to calm price swings and pull the stock toward heavy strikes.

A 2-leg, $3.29M options structure landed in $WDC on Friday, built around the $400 to $410 strikes. It reads as a vertical call spread, a trade about how far Western Digital moves and when, more than a simple call on direction.

Valero Energy options lit up on Friday when a $3.74M multi-leg trade crossed in the Jan 21, 2028 $380 puts. The contracts changed hands on the sell side, on a strike 6.6% below the stock.