Short-dated call flow is heating up. Flow sentiment is bullish, with call premium at $11.8M and 77.8% calls versus 22.2% puts. 41.4K calls hit the tape. The $350C is getting hammered. 909x $350C 8/24 for roughly $514K, 484x $350C 8/24 for roughly $269K, and 400x $350C 8/21 for roughly $170K. Multiple unusual sweeps hitting the ask. Heavy short-dated positioning around the $350 strike. $Tesla Motors(TSLA)$ bulls are pressing here.
$SanDisk Corp.(SNDK)$ I planned this $Roundhill Memory ETF(DRAM)$ trade at 54 a few days back, before the setup even showed up. After a big push higher over the past week, DRAM pulled back nearly 12% from the recent high, right into a new support area. From here I see two paths: a solid bounce over the next couple days, or support gives way and we see another leg lower. I'm positioned for the bounce, but I'm open to adding lower if support breaks. Position size will depend on how the ETF moves.
$SanDisk Corp.(SNDK)$ Sandisk AI volume breakout signals and the Cloud Chart support rebound are getting closer to the Cloud Chart targets. Watching how price interacts with the top end of the Cloud Chart zones. So far so good. StarMine rankings have improved. +2200 on the way.
$SanDisk Corp.(SNDK)$ I think we could see $2,000 fairly soon. At SanDisk's Investor Day on August 13, 2026, CFO Luis Visoso mentioned the company plans to return 100% of excess cash to shareholders after investing in the business. That kind of statement suggests management is confident about where things are headed.
$SanDisk Corp.(SNDK)$ Some were waiting for 800, 700, 600 and those levels never came. Waiting too long sometimes means missing the move entirely. 1000 really looked like a gift at the time, honestly didn't think it would pull back that far. Next target 2K.
$SPDR S&P 500 ETF Trust(SPY)$ All-time highs on a few names getting a lot of attention lately. Feels like the kind of environment where it's easy to get distracted by the noise, but the bigger picture still matters.
$SanDisk Corp.(SNDK)$ This company looks significantly undervalued to me. If High Bandwidth Flash starts selling next year, revenue and profits could really take off over the next 1 to 4 years. Feels like a huge opportunity ahead.
$SanDisk Corp.(SNDK)$ Sandisk had three years of negative free cash flow, which basically made share buybacks impossible. That shifting now would be a pretty big deal for the company. On top of that, analysts polled by S&P Global Market Intelligence are projecting Sandisk will generate more than $100 billion in free cash flow through 2029, so it's not hard to imagine them buying back more than half the stock over the next three years.
$Tesla Motors(TSLA)$ Feels like they might be getting ready for robot day. It's been way too quiet. Probably more vaporware shenanigans, but I wouldn't count these guys out.
$SanDisk Corp.(SNDK)$ Cantor Fitzgerald is calling for $2,900. Friday's $1,600 is only a bit more than halfway there, but at least it's headed in the right direction.
$SanDisk Corp.(SNDK)$ This would normally be a little too rich for my blood, but there's way too much upside not to throw some coin at it. Even if it's just 3-4 shares.
$SanDisk Corp.(SNDK)$ It's getting interesting again. The stock is nearly 50% below its recent high, yet the underlying cash generation is hard to ignore. The company just produced roughly $7.1B in quarterly free cash flow, or around $45.70 per share. Obviously, I wouldn't assume that level of FCF is going to repeat every quarter. Memory is cyclical, and the numbers can swing quickly. That's the part I'm watching closely. But if even a fraction of this cash-generation strength proves durable, the current valuation starts looking a lot more interesting to me. After a big drawdown, I'd rather focus on what the business is actually generating than simply stare at the chart. The key now is whether the fundamentals can support the recovery. Let's