SNDK trade idea receipt

SNDK shows a bearish setup supported by elevated options activity, directional flow, and the current price backdrop. The suggested long put uses an entry near $1,260.73, targets $1,197.69, and uses $1,323.77 as the risk level, so the trade has a defined upside case and a clear point where the thesis should be reevaluated. Supporting factors include short dated premium, large short dated print, and sweep or block. Because this is a time-sensitive idea over roughly 720 hours, it should be sized carefully and revisited if price moves through the risk level or the supporting flow fades.