Qualcomm Unusual Options Activity For May 31
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Qualcomm (NASDAQ:QCOM), with 70% of investors taking a bearish stance. Whales have targeted a price range of $65 to $150 for Qualcomm over the last 3 months. The stock is currently down 2.9% at $112.64.
May 31, 2023 | 4:31 pm
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Qualcomm experiences unusual options activity, with 70% of investors bearish. The stock is down 2.9% at $112.64, with a targeted price range of $65 to $150.
The unusual options activity, with 70% of investors taking a bearish stance, indicates a potential short-term negative impact on Qualcomm's stock price. The current stock price decline of 2.9% also supports this assessment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100