16
01
2008
Options update 1-16-08: Sandisk February volatility elevated
Posted by: in Stocks Money NewsFiled under: Options, SanDisk Corp (SNDK)
Sandisk (NASDAQ: SNDK), a supplier of flash data storage card products, closed at $29.08, near its two-year low.
SNDK is expected to report Q4 EPS on January 28th.
SNDK February option implied volatility of 69 is above its 26-week average of 47 according to Track Data, suggesting larger near term price risks.
Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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