thetaOwl

SNDK

Sandisk CorporationClose $1383.29EOD only
Max Pain
$1330.00
Next expiry May 22, 2026
Expected Move
±$124.55
9.0% from close
Price Gap
-53.29
Distance to max pain
IV Rank
33
Middle-high premium
P/C OI
1.38
Slightly put-heavy
Consensus
7.0/10
Bearish tilt
Published snapshot: May 19, 2026 close
End-of-day snapshot

This page reflects SNDK options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
May 19, 2026 close
Consensus-ledMay 19, 2026 close7.0/10 conviction

AI Consensus

Bias
Bearish
Neutral to slightly bullish
Best Fit
Defined risk

Buy 2026-06-18 $1340/$1250 bear put spread for $40 debit, max risk $90

Key Levels
1330 / 1383 / 1508
Magnet / spot / breakout
Main Risk
Event sensitivity

Break below $1330 max pain flips dealer gamma long, invalidating bearish pin, accelerates to $1100 gamma flip

One-line synthesis

Bearish tilt

Highest-conviction setup

Buy 2026-06-18 $1340/$1250 bear put spread for $40 debit, max risk $90

Main disagreement

Flow shows speculative call buying at $1520+ contradicting bearish thesis

Persona support grid

Earnings

Event premium and IV crush

8.0/10
Contribution

Watch max pain $1330 and unusual put volume at $1095/$1140 for directional clues

Full Report

Event pathing and volatility setup

Open report

Top setup: Iron Condor: Sell 2026-05-29 $1285.00/$1175.00 put wing and $1520.00/$1650.00 call wing

How to Use These Reports
This hub collects the active report lenses so you can compare how each persona reads the same market-close snapshot.
What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.