SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : WDC/Sandisk Corporation
WDC 174.21+6.9%Nov 10 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Pam who wrote (35312)2/16/2007 4:41:28 PM
From: Bridge Player  Read Replies (3) of 60323
 
Pam, SNDK closed regular trading at 4:00PM EST at 40.13, according to Yahoo.

I will bet money that those option players who were short the Feb 40 puts and thought they had safely expired, will be in for a rude awakening on Tuesday. I know from sad experience that after hours trading on an expiration day DOES count.

For Eli to announce such an action at 5 minutes after the close on an option expiration day, is IMO reprehensible. I would have thought better of the man.

Disclosure: I am long SNDK but had written the April 40 call a couple of weeks ago.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News