Filed 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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