Financial giants have made a conspicuous bearish move on SanDisk. Our analysis of options history for SanDisk (NASDAQ:SNDK) revealed 30 unusual trades.
Delving into the details, we found 23% of traders were bullish, while 43% showed bearish tendencies. Out of all the trades we spotted, 8 were puts, with a value of $832,920, and 22 were calls, valued at $2,357,369.
Predicted Price Range
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $65.0 and $420.0 for SanDisk, spanning the last three months.
Insights into Volume & Open Interest
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in SanDisk's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to SanDisk's substantial trades, within a strike price spectrum from $65.0 to $420.0 over the preceding 30 days.
SanDisk Call and Put Volume: 30-Day Overview
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SNDK | CALL | TRADE | NEUTRAL | 01/16/26 | $30.3 | $27.1 | $28.9 | $240.00 | $656.0K | 710 | 227 |
| SNDK | CALL | TRADE | BEARISH | 12/19/25 | $59.8 | $57.2 | $57.2 | $175.00 | $572.0K | 924 | 269 |
| SNDK | PUT | TRADE | NEUTRAL | 12/19/25 | $12.3 | $11.0 | $11.75 | $220.00 | $327.8K | 408 | 448 |
| SNDK | PUT | TRADE | NEUTRAL | 01/16/26 | $24.0 | $21.3 | $22.4 | $220.00 | $179.2K | 236 | 90 |
| SNDK | CALL | TRADE | BEARISH | 06/18/26 | $25.3 | $24.1 | $24.1 | $420.00 | $139.7K | 592 | 58 |
About SanDisk
Sandisk is one of the five largest suppliers of NAND flash memory semiconductors globally. Sandisk is vertically integrated, producing substantially all of its flash chips at manufacturing sites across Japan via a joint-venture framework with Kioxia. Sandisk then repackages most of its chips into SSDs for consumer electronics, external storage, or cloud storage. Sandisk was formerly a piece of Western Digital for nine years (after being acquired in 2016) and was spun off as an independent company in 2025.
SanDisk's Current Market Status
- Trading volume stands at 1,808,446, with SNDK's price down by -0.12%, positioned at $228.2.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 61 days.
Professional Analyst Ratings for SanDisk
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $270.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * In a cautious move, an analyst from JP Morgan downgraded its rating to Neutral, setting a price target of $235. * Consistent in their evaluation, an analyst from Barclays keeps a Equal-Weight rating on SanDisk with a target price of $220. * Maintaining their stance, an analyst from Morgan Stanley continues to hold a Overweight rating for SanDisk, targeting a price of $273. * An analyst from B of A Securities persists with their Buy rating on SanDisk, maintaining a target price of $300. * Reflecting concerns, an analyst from China Renaissance lowers its rating to Buy with a new price target of $322.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for SanDisk, Benzinga Pro gives you real-time options trades alerts.
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