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Mixed options sentiment in Sandisk Corporation with shares up 7.38%

Mixed options sentiment in Sandisk Corporation (SNDK), with shares up $73.95, or 7.38%, near $1076.30. Options volume roughly in line with average with 91k contracts traded and puts leading calls for a put/call ratio of 1.11, compared to a typical level near 1.02. Implied volatility (IV30) is higher by 3.5 points near 115.91, in the highest 10% of observations over the past year, suggesting an expected daily move of $78.59. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Sandisk Corporation (SNDK) will report earnings after the close on 2026-04-30.Option markets are pricing in a 50% probability of a move greater than 14.34% or $154.30.

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