Trader’s Semiconductor Positions Show $3.37 Million Unrealized Loss

A trader’s long positions in SanDisk (SNDK), SK hynix (SKHX) and Marvell (MRVL) showed an unrealized loss of about $3.37 million at publication Nov. 5, after roughly $38.19 million in purchases.

The three positions were worth about $34.82 million combined. SanDisk accounted for about $19.63 million of that value and had an unrealized loss of roughly $1.99 million. SK hynix was valued at about $7.99 million, with a $647,000 loss, while Marvell was worth about $7.19 million, with a $729,000 loss.

The positions briefly showed a combined unrealized gain of about $290,000 before the trader’s later purchases. The trader later added roughly $9.11 million to the SanDisk and SK hynix positions. No sales were noted after the positions were opened.