Quantchabot has detected a new Bear Call Spread trade opportunity for SANDISK CORPORATION (SNDK) for the 31-Oct-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
SNDK was recently trading at $122.74 and has an implied volatility of 104.82% for this period. Based on an analysis of the options available for SNDK expiring on 31-Oct-2025, there is a 34.25% likelihood that the underlying will close within the analyzed range of $97.63-$123.00 at expiration. In this scenario, the average linear return for the trade would be 30.21%.
Big -8.82% Change: After closing the last trading session at $134.61, SANDISK CORPORATION opened today at $123.59 and has reached a low of $120.96.
Trade approach: A movement as big as -8.82% is a significantly bearish indicator, so this trade is designed to be profitable if SNDK maintains its current direction and does not revert back to pricing on the bullish side of $122.74 on 31-Oct-2025. If possible, the trade has been padded such that slight movement against the trade would still return a profit.
Upside potential: Using this bearish strategy, the trade would be profitable if SANDISK CORPORATION closes at or below $123.20 on 31-Oct-2025. Based on our risk-neutral analysis, there is a 50.29% likelihood of this return.
Downside risk: As with any options trade, there is a substantial downside risk where you may lose most or all of your investment.
To analyze this trade in depth, please visit the Quantcha Options Search Engine.
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