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.
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