Mystery Options Trades in Sandisk

Discussion in 'Wall St. News' started by archon, Oct 4, 2007.

  1. archon


  2. My guess is someone is taking a spec on some downside puts. After all, memory makers have been getting crushed for months, and there is every sign that the trend will continue or possibly get worse.

    However, the Zune hypothesis is just silly...
  3. archon


    The memory market has been a disaster in recent years. All of the dumping from overseas combined with massive over production has completely annihilated this market. I think whoever is loading up on these downside puts has the right idea. Shorting the memory market is a good long term bet these days...