Zeev's Turnips Patch-No Politics (ZEEV)

[goodluck]

SNDK: 27000 Apr 30 puts
18000 Apr 30 calls
looks to me like a close around 30 at the end of the week.

Still think this AH selloff is nonsense. But I thought the one back in Jan was too, and it stuck. This margin business doesn't appear to take into account that fact that the Toshiba/Sandisk team is the cost leader in NAND flash. Royalties don't just provide them with good money; it means the other big NAND producer--Samsung--can't just go out and start a price war a la DRAM that they can win.