Qualcomm Unusual Options Activity For December 07

Qualcomm Unusual Options Activity For December 07

A whale with a lot of money to spend has taken a noticeably bearish stance on Qualcomm.

Looking at options history for Qualcomm (NASDAQ:QCOM) we detected 23 strange trades.

If we consider the specifics of each trade, it is accurate to state that 26% of the investors opened trades with bullish expectations and 73% with bearish.

From the overall spotted trades, 16 are puts, for a total amount of $930,954 and 7, calls, for a total amount of $1,334,331.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price …

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