What the Options Market Tells Us About Qualcomm
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bullish sentiment towards Qualcomm (NASDAQ:QCOM) as revealed by Benzinga's options scanner. The options activity is unusual, with a significant number of calls and puts indicating a price range of $155 to $180. Qualcomm's stock is currently trading at $171.88, up by 1.12%, and may be approaching overbought territory.
October 14, 2024 | 2:00 pm
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Qualcomm is experiencing unusual options activity with a bullish sentiment from investors. The stock is currently trading at $171.88, up by 1.12%, and may be approaching overbought levels.
The unusual options activity with a significant number of calls suggests a bullish sentiment among investors. The stock's current price increase and potential overbought status indicate positive short-term momentum.
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