Decoding Qualcomm's Options Activity: What's the Big Picture?
Portfolio Pulse from Benzinga Insights
Recent options activity for Qualcomm (NASDAQ:QCOM) shows a significant interest from big-money investors, with a mix of bullish and bearish trades. The options trades suggest a price range of $125 to $290 for QCOM over the next few months. Analysts maintain a Buy rating with an average target price of $247.5.
June 24, 2024 | 3:31 pm
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Recent options activity for Qualcomm shows significant interest from big-money investors, with a mix of bullish and bearish trades. Analysts maintain a Buy rating with an average target price of $247.5.
The significant options activity indicates strong interest from big-money investors, which often precedes notable price movements. The mix of bullish and bearish trades suggests a volatile but potentially profitable period ahead. Analysts' Buy ratings and target prices further support a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100