April 17, 2013

SanDisk (SNDK)

Bias: Bullish
Price Target $60


We are bullish on SNDK and want to purchase a call vertical to take advantage of a possible move higher.


BUY To OPEN 2 SNDK 55 May-18 Calls trading at $2.76
SELL To OPEN 2 SNDK 60 May-18 Calls trading at $1.02


SNDK is now trading at $55.18
This spread is now trading at $1.75
The Total Debit of this trade is $3.50

Day Order Only

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