thetaOwl

SNDK

Sandisk CorporationClose $1392.56EOD only
Max Pain
$1330.00
Next expiry May 22, 2026
Expected Move
±$105.00
7.5% from close
Price Gap
-62.56
Distance to max pain
IV Rank
37
Middle-high premium
P/C OI
1.37
Slightly put-heavy
Consensus
6.5/10
Bearish tilt
Published snapshot: May 20, 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 20, 2026 close
SNDK AI Consensus Report
Analysis based on market close May 15, 2026

Historical consensus-supported lens with full content, report chain context, and metric rail.

You are viewing an older report from May 15, 2026. A newer ai consensus report is available for May 20, 2026.

View latest report
Conviction
4.0

out of 10

4 not higher because the bullish flow is a strong counter-signal, and the absence of an earnings catalyst reduces directional conviction. However, the bearish alignment of GEX and put flow prevents a lower score.

Where Perspectives Agree

Bearish bias dominates with dealer gamma pinning near $1250 max pain and high IV favoring defined-risk put strategies.

Where They Diverge

Flow shows $385M bullish call buying and net premium, directly contradicting the bearish directional and theta theses that recommend put spreads.

Top Trade
via theta

Sell 2026-06-05 $1425/$1450 call spread for credit.

Key Risk

Break below $1100 flips dealer gamma to long, removing downside support and accelerating decline toward $1000.

How to Use These Reports
This ai consensus reflects the market close on May 15, 2026.
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.