Moderately bullish activity in Sandisk Corporation with shares up 0.69%

Moderately bullish activity in Sandisk Corporation (SNDK), with shares up $2.69, or 0.69%, near $392.50. Options volume roughly in line with average with 45k contracts traded and calls leading puts for a put/call ratio of 0.91, compared to a typical level near 0.84. Implied volatility (IV30) is higher by 3.9 points near 108.88,in the top quartile of the past year, suggesting an expected daily move of $26.92. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Sandisk Corporation (SNDK) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.