Qualcomm Options Trading: A Deep Dive into Market Sentiment
Portfolio Pulse from Benzinga Insights
Recent options trading activity on Qualcomm (NASDAQ:QCOM) shows a bearish sentiment among financial giants, with 44% of trades being bearish. The predicted price range for QCOM is between $167.5 and $180.0. The stock is currently up 0.94% at $171.08, with RSI indicators suggesting it may be overbought.
August 27, 2024 | 3:46 pm
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Qualcomm's recent options trading shows a bearish sentiment, with 44% of trades being bearish. The stock is currently up 0.94% at $171.08, but RSI indicators suggest it may be overbought. The predicted price range is $167.5 to $180.0.
The analysis of Qualcomm's options trading reveals a bearish sentiment with 44% of trades being bearish. The stock's current price increase and RSI indicators suggest it may be overbought, which could lead to a short-term price decline. The predicted price range of $167.5 to $180.0 indicates potential volatility.
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