SNDK | Weekly Bear Call Spread

⚠️ High-probability premium capture after extended multi-month advance.

SanDisk Corp (SNDK) has delivered an aggressive multi-month rally and is now pushing into another expansion phase on the daily timeframe.

Despite the continued upward momentum, the broader structure on the higher timeframe suggests the possibility of late-stage buying pressure rather than the start of a fresh impulse.

This week’s position is structured to capture premium into Friday expiration while keeping the short strike well above current price levels.

The setup is less obvious than some of the previous trades and required a slightly different interpretation of the broader context.