Unpacking the Latest Options Trading Trends in Qualcomm
Portfolio Pulse from Benzinga Insights
Recent options trading trends indicate a bullish stance on Qualcomm (NASDAQ:QCOM) by significant investors. Benzinga's options scanner detected 22 uncommon options trades, with 17 calls and 5 puts. The overall sentiment is 45% bullish and 31% bearish. Analysts maintain a Buy rating with price targets ranging from $235 to $270.
July 03, 2024 | 5:31 pm
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Significant investors are showing a bullish stance on Qualcomm with 17 call options and 5 put options detected. Analysts maintain Buy ratings with price targets up to $270.
The detection of 17 call options versus 5 put options indicates a bullish sentiment among significant investors. Additionally, analysts maintain Buy ratings with high price targets, further supporting a positive outlook for Qualcomm's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100