From TradingView · · 40s
SNDK Could Drop to $1,450 This Week?
SNDK may hit $1,450 GEX magnet level this week as options expiry nears.
In brief
SNDK may hit $1,450 GEX magnet level this week as options expiry nears. SNDK could drop to $1,450 this week due to negative gamma effects from options expiry. Originally reported by TradingView.
Current Price
SNDK trades near $1,531.
GEX Level
Largest negative GEX concentration at $1,450.
Net GEX
Estimated net GEX of -$22.1 million.
Price Gap
5% below current price.
Key Question
Will $1,450 attract price or accelerate volatility?
What Happens Next
Price may test $1,450 as options expiry approaches.
What it means
SNDK could drop to $1,450 this week due to negative gamma effects from options expiry.
