Moderately bullish activity in Sandisk Corporation (SNDK), with shares up $7.14, or 3.07%, near $240.00. Options volume roughly in line with average with 30k contracts traded and calls leading puts for a put/call ratio of 0.5, compared to a typical level near 0.89. Implied volatility (IV30) dropped 2.58 near 92.16,and above the 52wk median, suggesting an expected daily move of $13.93. Put-call skew flattened, suggesting a modestly bullish tone.
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