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$SNDK

Benzinga on $SNDK (Oct 30, 2026)

AI summary · Benzinga

Despite strong quarterly results, a raised outlook and an announced stock split, SanDisk is down sharply; the speaker says it looks bad, expects a flush and would not buy it. For a day trade, momentum has shifted up since the open, but it must not trade below 1207.

BearishHe framed it in days
“$INTC Plunges 26%, $AMZN Drops 6% After Q3 Earnings | PreMarket Playbook | October 30, 2026”
BenzingaPublished Oct 30 · 4 passages

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SanDisk, that's down a lot. So was really good yesterday. Really strong. Not down so much. That's an interesting play. Watch that as you know.

SanDisk strong quarterly results, raised outlook and announced stock split have been overshadowed by selloff across trip and AI. SanDisk interesting SanDisk interesting raised guidance announced a stock split which should be a good thing. Um yet somehow is down so much now.

Could this rally? Yeah, but like I mean they're look at the options. The expected move. Do you see what the expected move is for today in SanDisk? That's crazy. Look at that. The expected move in SanDisk is $183.

Still $183. Or was that into the earnings or is that now? I think it's now because you have to pay if you wanted the 1300 calls right now, you'd still have to pay $3.75 and they're 100 points away. That's crazy.

What do you think about SanDisk on the earnings? They announced a stock split. Low of the day 1207. Kind of interesting here. Now, you know, this one just looks like flaming dumpster fire.

It just really looks bad. Now, that being said, it's good to hear. There might be an opportunity for some kind of motion. So, again, let's take a look at time and sales. Somebody came in at 1210 and bought 4,000, right?

That's this one up here. They bought 4,000 and um price action is coming back to retest that again. Are we sitting somebody else came in at 1210 500? It's less than the 4,000. So, they're not holding that edge really well.

But if they're they're coming in and they keep buying it, the question is, can we get up over that edge? And if you're just doing a day trade, momentum has really shifted to the upside since the opening tick.

What it needs not to do is lose. Yeah, it needs not to bid below 1207. And right now it's doing it. So my thought is a flush. I definitely would not be buying this at all. It looks horrific. It really does. It looks dreadful.

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