Seagate Technology cae un 9.2% debido a la caída generalizada de las acciones tecnológicas en el sector, así como a las políticas impuestas por Trump.

Summary
• Seagate Technology (STX) plunges 9.2% to $279.76, erasing $28.5B in market cap
• 52-week high of $331.99 now 16% below current price
• Options chain shows 2026-01-16 expiration contracts with 63%+ implied volatility
• Sector leader Western Digital (WDC) down 7.9%, signaling broader storage sector weakness

Seagate Technology's dramatic intraday selloff has ignited market speculation about the sustainability of its AI-driven storage renaissance. The stock's 9.2% drop to $279.76—its lowest since late 2024—coincides with a sector-wide rotation out of tech stocks and into defense equities following Trump's $1.5T defense budget proposal. With 3.37M shares traded at 1.58% turnover, the move reflects both macroeconomic shifts and specific storage industry pressures.

Tech Rotation and AI Storage Bottleneck Pressures
The selloff stems from a dual shock: a broad tech sector profit-taking following AI stock rallies and specific storage industry headwinds. As investors rotated into defense stocks like Lockheed Martin (+8%) and Northrop Grumman (+10%), tech indices like the Nasdaq fell 0.62%. Simultaneously, Seagate faces pressure from its own success—its HAMR technology leadership has created a 'storage bottleneck' in AI infrastructure, with hyperscalers now prioritizing 40TB+ drives over 30TB models. This creates near-term supply constraints while SSD manufacturers like Micron (MU) gain traction in mid-tier storage segments.

Storage Sector Under Pressure as Western Digital Falls 7.9%
The storage sector is experiencing synchronized weakness, with Western Digital (WDC) down 7.9% alongside Seagate's 9.2% drop. This divergence from the broader tech sector (Nasdaq -0.62%) highlights structural challenges in the HDD market. While Seagate's HAMR roadmap positions it for long-term growth, near-term execution risks include supply chain bottlenecks in Singapore and Thailand. Western Digital's recent split of its flash and HDD businesses has created valuation dislocation, with investors now pricing in a 12-month 30% discount to Seagate's 220% YTD return.

Bearish Options Play and Technical Reversal Setup
• 200-day MA: $178.45 (far below) | 30-day MA: $283.22 (near support) | RSI: 57.5 (neutral) | MACD: 8.53 (bullish divergence)
• Bollinger Bands: $264.50 (lower) | $316.19 (upper) | 20-day volatility: 6.3%

Seagate's technical profile suggests a bearish reversal pattern. The stock has broken below its 30-day MA of $283.22 and is testing the lower Bollinger Band at $264.50. Two options contracts stand out for bearish positioning:

• STX20260116P285 (Put):
- Strike: $285 | Expiry: 2026-01-16 | IV: 67.32% | Delta: -0.54 | Theta: -0.0455 | Gamma: 0.0134 | Turnover: $81,563
- High leverage (19.52%) and moderate delta make this ideal for a 5% downside scenario (projected payoff: $7.50)
- Implied volatility at 67% suggests market pricing in significant near-term risk

• STX20260116C285 (Call):
- Strike: $285 | Expiry: 2026-01-16 | IV: 60.77% | Delta: 0.45 | Theta: -0.9999 | Gamma: 0.0148 | Turnover: $110,638
- Call option offers downside protection while maintaining upside potential if the stock rebounds above $285
- High turnover ($110K) ensures liquidity for both entry and exit

Aggressive traders may consider a bear call spread using these contracts, capitalizing on the 67% IV in the put while hedging with the call. The key support level to watch is $264.50 (lower Bollinger Band), with a breakdown below this level potentially triggering a test of the 200-day MA at $178.45.

Backtest Seagate Technology Stock Performance
The backtest of STX's performance after a -9% intraday plunge from 2022 to now shows favorable results. The 3-Day win rate is 51.70%, the 10-Day win rate is 53.19%, and the 30-Day win rate is 58.51%, indicating a higher probability of positive returns in the short term. The maximum return during the backtest was 8.15% over 30 days, suggesting that while there is volatility, STX can recover and even exceed its pre-plunge levels.

Critical Juncture for Seagate: Watch $264.50 Support and Sector Leadership
Seagate stands at a pivotal moment as its 9.2% selloff tests critical technical levels and sector dynamics. The stock's ability to hold above $264.50 (lower Bollinger Band) will determine whether this is a temporary correction or the start of a deeper pullback. With Western Digital (WDC) down 7.9% as a sector leader, investors should monitor hyperscaler procurement patterns for signs of storage demand resilience. For now, the STX20260116P285 put offers a high-leverage bearish play, while the call provides a safety net. Watch for a breakdown below $264.50 or a reversal in the storage sector's momentum.