Qualcomm Unusual Options Activity For February 14
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bearish sentiment towards Qualcomm (NASDAQ:QCOM), with unusual options activity detected. The activity includes 29 notable options trades, with a bearish majority. The price range focus is between $130.0 and $200.0. Qualcomm's stock is currently up 0.89% at $151.38, with potential overbought signals. Analyst ratings are mixed, with a consensus target price of $159.0. Notable trades include bearish puts and bullish calls, with significant trade prices and volumes.
February 14, 2024 | 5:31 pm
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NEUTRAL IMPACT
Unusual options activity and a bearish sentiment among investors could indicate volatility for Qualcomm's stock. Mixed analyst ratings suggest uncertainty, but the stock's current uptrend and potential overbought signals could lead to short-term price fluctuations.
The bearish sentiment among investors, indicated by unusual options activity, suggests potential volatility. However, the stock's current positive performance and mixed analyst ratings create a complex outlook, leading to a neutral short-term impact score.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100