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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 20, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
6.5

out of 10

6.5 not higher because the gamma pin vs. bearish flow conflict introduces uncertainty; if 1330 breaks, thesis collapses.

Where Perspectives Agree

All personas converge on bearish bias with 1330 as critical support, though gamma pinning may limit immediate downside.

Where They Diverge

Directional sees gamma pinning holding at 1330, while Flow and Theta warn that heavy put flow and skew could break below 1330 towards 1100 gamma flip.

Top Trade
via theta

Sell 2026-06-12 $1260 put credit spread for $2.50 credit — defined risk, profits from pin or slow decay.

Key Risk

Break below 1330 flips dealer gamma long, triggering downside acceleration to 1100 — invalidates all bullish pin theses.

How to Use These Reports
This ai consensus reflects the market close on May 20, 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.