Mystery Options Trades in Sandisk

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...
 
Quote from Sbelmont:

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...
More...

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...
 
You must log in or register to reply here.
Back
Top