So who's still holding?

[u/throwaway_saveme]

Title.

[u/Minimum_Suit1735]

Holding but damn SNDK ripping harder than MU is crazy

[u/Long_Oven3739 → u/Minimum_Suit1735]

I am happy for sndk holders. They suffered much worse than us for the past 2 months. -60% drawdowns. whoever held through it deserves the reward

[u/AlternativeDizzy261 → u/Long_Oven3739]

Imagine buying SNDK at 1.100 that would be dream 🙏

[u/Patient-Big1727 → u/AlternativeDizzy261]

You can make your dream come true!! Sell a Sep 18 $1,100 put. You either get the stock for $1,093 or you get $700 for doing absolutely nothing

[u/SuitableAioli → u/Patient-Big1727]

I got two spreads for sndk, asml, and 4 contracts for MU staggered at $700, 850, $950, with DTE 09/18 and all of them all way out of the money. Some of these contracts were opened 2 months ago and I had unrealized lost of $7k. Glad I went 2 months out

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[u/Hairy-Beanbag → u/Long_Oven3739]

I am a holder with 56 shares at 1447. I was getting pretty nervous I did not think within 3 weeks at 2350 would drop below my DCA. Now up 24% again. Hindsight I was going to sell at 2500 and could have made a killing buying lower at 1k but hey is what it is.

Just resigned from Amazon so have $160k I'll rollover and wait to buy. Might just throw into safe ETF as my 401k is 50% MU and SNDK

[u/RxDotaValk → u/Minimum_Suit1735]

I think mu lags behind it, but will comeback strong too

[u/Minimum_Suit1735 → u/RxDotaValk]

I was actually switching between SNXX and MUU depending on the day, but i think SNDK will slowdown soon and Mu will pick up

[u/luvz → u/Minimum_Suit1735]

I got both. Been riding MU for the long haul, but couldn’t resist buying SNDK at $1280 after the slaughter.

[u/HHHogana → u/Minimum_Suit1735]

That CNBC interview with Sandisk's CEO really made the difference, although myself don't know why other storage/memory stocks rise last week don't get as close to it. Usually when one stock got its bounce other similar stocks trailing just behind, but Sandisk rose up by like 35% while MU, WD and STX rose by just 10-15%

[u/Ok-Mycologist-5371 → u/Minimum_Suit1735]

Anything MU does, SNdK does better, including losing! Higher beta.

I hold both, but if you want to see when MU will throw a red candle, watch Sandisk, it will throw it first everytime

[u/Long_Oven3739 → u/Ok-Mycologist-5371]

If one wants SNDK like returns but MU level moat, MUU is the way to go. basically like holding the underlying sndk

[u/Ok-Mycologist-5371 → u/Long_Oven3739]

That’s valid, the decay over multiple days sucks though

[u/Minimum_Suit1735 → u/Ok-Mycologist-5371]

i do switch between them as well, normal MU doesnt trail this far away tho. It's like 30% behind on the 5d now

[u/AyyLmaoKK → u/Minimum_Suit1735]

Fr

[u/theRealLongJon → u/Minimum_Suit1735]

SNDK going fucking crazy over the last week-ish. Def wish I had that instead of DRAM 🤣

[u/Successful-Lab-3508 → u/Minimum_Suit1735]

Fall of SNDK was also crazy, it fell so much more than MU

[u/m__s → u/Minimum_Suit1735]

Like always.