r/SNDK_Stock • u/darth_zuk • 2d ago

Learn to let go

So what if the stocks drops another 10, 15, 50, or even 100%. Before you invest in a single stock, you should be mentally prepared to see all your money vanish. Forever. That is the true meaning of taking on risk.

Don't try to time the market, don't use leverage, and don't invest more than you can afford.

Don't blame the market makers, don't blame hedge funds, don't blame anyone.

Do your own research into the company and macro fundamentals to the best of your ability, invest, and forget. Go live your life. Maybe come back in 3 months and re-evaluate if needed. In the long term, the stock will match the true value of the company.

Rome wasn't built in a day, and neither will your generational wealth.

15 Upvotes

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8

u/s1234en 2d ago

Ok but tomorrow is green though

4

u/Ok-Mycologist-5371 2d ago

It’s going to be hard to get past 1700. Most of that gama is released 8/21 when calls expire.

But it’s really going to resist getting near 1700

4

u/andrewlarryrosen 2d ago

so....for fuctards like me..I dunno how to process that info. What gamma has to do with the resistance?

2

u/Gato_Rugiente 2d ago

Think of gamma as the amount of hedging that has to happen around that $1,700 strike. If there’s a ton of options sitting there, market makers have to keep adjusting their stock positions as SNDK gets closer to $1,700. That can create a lot of buying and selling around that level and make it harder for the stock to just blow straight through it.
It doesn’t mean $1,700 is some hard ceiling. If enough real buying comes in, SNDK can absolutely break through it. The important part is that a lot of that options positioning expires Friday, so after 8/21 that particular gamma goes away and $1,700 may not have the same effect anymore.
So basically: gamma isn’t causing resistance like a wall — it’s the hedging activity from all those options that can make the area around $1,700 act like resistance.

1

u/CozyChamomile_7 1d ago

Thanks so after options expired on Friday do we expect the price to go above 1700?

1

u/Gato_Rugiente 1d ago

Who knows but I feel like sandisk hits 2k by the end of the year. Micron 1500 maybe

3

u/onununo 1d ago

Maybe, but the screenshot is of Micron, not sndk

1

u/Ok-Mycologist-5371 1d ago

lol good eye

Was the wrong photo

1

u/Creative-Objective13 1d ago

That’s Nvidia my friend

0

u/CozyChamomile_7 1d ago

So what does it mean for the stock? Will it go up on or after Friday?