Options Action: SanDisk

Did you miss the trade ahead of Intel’s report? Here’s a second shot at a chip trade with SanDisk.

Get all the details from Mike Khouw of Cantor Fitzgerald. Watch the video now!


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Trader disclosure: On April 20, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Finerman and Finerman's Firm own (AAPL); Finerman and Finerman's Firm own (BP); Finerman owns (C); Finerman and Finerman's Firm own (CVS); Finerman's Firm owns (HPQ); Finerman's Firm owns (IBM); Finerman's Firm owns (JPM), is long (JPM) leaps; Finerman owns (JPM); Finerman and Finerman's firm owns (MSFT); Finerman's firm owns (TGT); Finerman owns (USO); Finerman's Firm is short (IWM), (MDY), (SPY); Finerman's Firm is long S&P 500 puts; Finermna's Firm is long Russell 200 Puts; Weiss owns (CSX); Weiss is long (AAPL) calls; Weiss owns (EMC); Weiss owns (AKAM); Weiss owns (QCOM); Weiss owns (SMCI); Weiss owns (NAV); Weiss owns (BTU); Weiss owns (JPM); Weiss owns (VZ); Weiss owns (HBAN); Weiss owns (KEY); Weiss owns (CMA); Weiss owns (GDX); Weiss owns (DRR); Weiss owns (TBT); Weiss owns (UUP); Weiss owns (MDRX); Weiss owns (NIHD); Weiss is long (IWM) puts; Weiss is short (X); Weiss is short (AKS); Adami owns (AGU); Adami owns (C); Adami owns (GS); Adami owns (INTC); Adami owns (MSFT); Adami owns (NUE); Adami owns (BTU); Terranova owns (JPM); Terranova owns (XOM); Terranova owns (OXY); Terranova owns (C); Terranova owns (VRTS); Terranova owns (BAX); Terranova owns (BX); Terranova owns (AKAM); Terranova owns (TCK); Terranova owns (HOC); Terranova owns (UPL); Terranova owns (V)

Louis Navellier
Funds Managed By Louis Navellier Own (VMW), (JNJ), (CAT), (DE), (BWA), (CMI), (FFIV), (AAPL)

Mike Khouw
Cantor Fitzgerald is a Market Maker in (SNDK)

Finerman SOT 2/8/11
Finerman owns (AVP) Calls

For Joe Terranova
Terranova is Chief Market Strategist of Virtus Investment Partners, LTD
Virtus Investment Partners Owns More Than 1% Of (ABAX)
Virtus Investment Partners Owns More Than 1% Of (AMKR)
Virtus Investment Partners Owns More Than 1% Of (CCG)
Virtus Investment Partners Owns More Than 1% Of (CASS)
Virtus Investment Partners Owns More Than 1% Of (CSVI)
Virtus Investment Partners Owns More Than 1% Of (EXR)
Virtus Investment Partners Owns More Than 1% Of (FCFS)
Virtus Investment Partners Owns More Than 1% Of (IGE)
Virtus Investment Partners Owns More Than 1% Of (KRC)
Virtus Investment Partners Owns More Than 1% Of (LDR)
Virtus Investment Partners Owns More Than 1% Of (NCRI)
Virtus Investment Partners Owns More Than 1% Of (DBV)
Virtus Investment Partners Owns More Than 1% Of (XLB)
Virtus Investment Partners Owns More Than 1% Of (XLV)
Virtus Investment Partners Owns More Than 1% Of (XLP)
Virtus Investment Partners Owns More Than 1% Of (XLY)
Virtus Investment Partners Owns More Than 1% Of (XLE)
Virtus Investment Partners Owns More Than 1% Of (XLF)
Virtus Investment Partners Owns More Than 1% Of (XLI)
Virtus Investment Partners Owns More Than 1% Of (XLK)
Virtus Investment Partners Owns More Than 1% Of (XLU)
Virtus Investment Partners Owns More Than 1% Of (WDFC)
Virtus Investment Partners Owns More Than 1% Of (YDNT)
Virtus Investment Partners Owns More Than 1% Of DOMINO'S PIZZA UK & IRL PLC

For Colin Gillis
**No Disclosures

For Loren Loverde
**No Disclosures

Late additions:
Seymour owns (AAPL)
Seymour owns (BX)
Seymour owns (F)
Seymour owns (POT)
Jon Najarian owns (AAPL)
Jon Najarian owns (YUM)
Jon Najarian owns (PLXS)

CNBC.com with wires.