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 19, 2026

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

You are viewing an older report from May 19, 2026. A newer ai consensus report is available for May 20, 2026.

View latest report
Conviction
7.0

out of 10

7 not 8 because speculative call buying and neutral earnings positioning offset high confidence from directional and theta.

Where Perspectives Agree

Bearish bias toward $1330 pin, with dealer gamma support and put flow hedging downside.

Where They Diverge

Flow shows speculative call buying at $1520+ contradicting bearish thesis; earnings iron condor suggests neutral stance.

Top Trade
via directional

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

Key Risk

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

How to Use These Reports
This ai consensus reflects the market close on May 19, 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.