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SNDK

Sandisk CorporationClose $1299.30EOD only
Max Pain
$1500.00
Next expiry Oct 23, 2026
Expected Move
±$103.10
7.9% from close
Price Gap
+200.70
Distance to max pain
IV Rank
26
Middle-high premium
P/C OI
1.06
Balanced positioning
Consensus
6.0/10
Bearish tilt
Published snapshot: Oct 16, 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
Oct 16, 2026 close
SNDK AI Consensus Report
Analysis based on market close June 5, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
6.0

out of 10

6 not 7 because Theta's short put spread implies bullish expectation within the pin range, directly conflicting with bearish thesis; if Theta were also bearish, conviction would be 8.

Where Perspectives Agree

Bearish bias with dealer short-gamma below $1550 amplifying any break; spot below max pain $1660 confirms weakness.

Where They Diverge

Theta recommends short put spreads (bullish) expecting price to hold above $1550, while Directional, Flow, and Earnings are bearish, expecting a break below $1550.

Top Trade
via directional

Buy 2026-07-10 $1520/$1395 put spread for $0.85 debit

Key Risk

Break below $1550 flips dealer gamma long and triggers stop-loss cascade — downside accelerates to $1395 support.

How to Use These Reports
This ai consensus reflects the market close on June 5, 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.