Someone Bet 33 Million on SanDisk Calls During a Losing Streak

Someone put nearly 33 million dollars into SanDisk calls in the first six minutes of trade, even after a three-day losing streak, and the stock snapped higher. The tell is the calendar: about 97% of that premium survives past the October 29 earnings, so the buyer wants the print, the follow-through, and a re-rating, not a quick weekly lotto. Both big strikes still sit well below the average Wall Street target on a stock up 650% this year. Timing is the whole bet. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 00:00 33 million in SanDisk calls 00:15 Bought at the ask, stock bounces 00:58 The two trades that matter 01:34 The earnings calendar is the tell 02:04 The breakevens and the odds 02:29 Buying below the street's target 03:15 A stock up 650% this year 03:58 Memory bounces with the sector 04:17 The data-center build-out case 05:09 The 1800 ceiling to watch 06:17 The downside, more supply coming #tastylive #signalvsnoise #sandisk #optionsflow #callbuying #memorychips #datacenter #semiconductors #optionstrading #stockmarket tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.