Moderately bullish activity in Sandisk Corporation (SNDK), with shares up $12.46, or 0.9%, near $1395.17. Options volume running well above average with 78k contracts traded and calls leading puts for a put/call ratio of 0.85, compared to a typical level near 1.0. Implied volatility (IV30) is higher by 1.8 points near 105.58,and above the 52wk median, suggesting an expected daily move of $92.79. Put-call skew steepened, indicating increased demand for downside protection.
Meet Samuel – Your Personal Investing Prophet
Two ETFs for long or short leverage on SNDKPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SNDK:
- Micron (MU) & Sandisk (SNDK) Stocks May Still Be Cheap as ‘High-Bandwidth Memory Can Be Priced Ridiculously High’
- Micron (MU) Surpasses Nvidia to Become Most-Traded Stock — Here’s Why It Matters
- SanDisk recommends shareholder reject mini-tender offer by Tutanota
- SK Hynix Nears Historic $1 Trillion Milestone as AI Demand Soars
- ‘Don’t Throw Caution Away,’ Says Top Investor About Sandisk Stock