NASDAQ
SKHY
5 stories
$943B Market cap · 2026-10-07
Here’s some color, via an options desk: Late Friday & Tuesday there was substantial FLEX call buying across mult AI cos ($CRWV, $AMD, $BE, $INTC, $SNDK, $SKHY, $DRAM. Trades represented $1.1B of delta/$5.8M vega. Total option premium was ~$315M. Buyer didn’t seem price sensitive. https://t.co/qCL8RnxHbY
The massive share buybacks at $SKHY & Samsung are highly supportive to the stocks but quickly coming to an end. The Hynix buyback is 32% done & at current pace will conclude by 10/15. For Samsung the comparable numbers are 37% & 9/30. Then we see where prices shake out.
the KOSPI shares should open up higher.. Maybe 5 to 10%? Just depends on the Korean vibes i guess over there, hard to pin down. for $SKHY 177.9M shares in IPO, 118.6M shares went to top 25 IPO buyers. Unfair to say they are not trading but have to think a lot of them are not for now. So just napkin math hypotheticals, 59.3M shares after top 25 IPO buyers. $DRAM ETF has 2,898,599 kospi shares currently, and have started buying $SKHY already - they have 850,000 SKYH shares. 2,898,599 KOSPI shares is equivalent to 28,985,990 SKHY. I dont think theyve said that they would switch but IF they did that's another 29.8M shares or so just for that 1 ETF Then SKYH is down to 29.5M shares... All this is hypothetical of course... Just basic hypotesis. Not to mention all the other ETFs that will hold this, all the funds that had no access to Korean markets who can trade this now. All the dumb levered ETFs. I think the premium can get real dumb. Im long both SKYH and $660.KS. for my trading there i think there's opportunity cost in monitoring this trade, when being in the spread, which doesn't fit my personal style - so i dont think i'll be in the spread at all - but thats personal preference
$SKHY 44% premium to KOSPI issue, arbs https://t.co/KkL02w7b2m
SK Hynix's U.S. ADR begins trading as SKHYV before switching to SKHY, with HBM demand expected to outstrip supply as AI server memory…
Letters that discuss SKHY.
Companies the stories above are also about, besides SKHY.
