Investors with a lot of money to spend have taken a bullish stance on Qualcomm QCOM.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don’t know. But when something this big happens with QCOM, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga‘s options scanner spotted 14 uncommon options trades for Qualcomm.
This isn’t normal.
The overall sentiment of these big-money traders is split between 50% bullish and 42%, bearish.
Out of all of the special options we uncovered, 7 are puts, for a total amount of $276,012, and 7 are calls, for a total amount of $470,485.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $70.0 to $145.0 for Qualcomm during the past quarter.
Volume & Open Interest Development
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Qualcomm’s options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Qualcomm’s significant trades, within a strike price range of $70.0 to $145.0, over the past month.
Qualcomm Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
QCOM | CALL | SWEEP | BULLISH | 05/09/25 | $6.9 | $5.3 | $6.0 | $136.00 | $120.0K | 530 | 201 |
QCOM | CALL | TRADE | BULLISH | 01/16/26 | $26.85 | $26.4 | $26.85 | $125.00 | $85.9K | 648 | 0 |
QCOM | CALL | TRADE | BEARISH | 01/16/26 | $34.7 | $34.25 | $34.25 | $115.00 | $68.5K | 173 | 91 |
QCOM | CALL | TRADE | BEARISH | 01/16/26 | $34.45 | $34.3 | $34.3 | $115.00 | $58.3K | 173 | 17 |
QCOM | CALL | TRADE | BEARISH | 01/16/26 | $27.5 | $27.35 | $27.35 | $125.00 | $51.9K | 648 | 82 |
About Qualcomm
Qualcomm develops and licenses wireless technology and designs chips for smartphones. The company’s key patents revolve around CDMA and OFDMA technologies, which are standards in wireless communications that are the backbone of all 3G, 4G, and 5G networks. Qualcomm’s IP is licensed by virtually all wireless device makers. The firm is also the world’s largest wireless chip vendor, supplying nearly every premier handset maker with leading-edge processors. Qualcomm also sells RF-front end modules into smartphones, as well as chips into automotive and Internet of Things markets.
Following our analysis of the options activities associated with Qualcomm, we pivot to a closer look at the company’s own performance.
Present Market Standing of Qualcomm
- With a trading volume of 3,675,103, the price of QCOM is up by 2.32%, reaching $143.14.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 84 days from now.
What Analysts Are Saying About Qualcomm
In the last month, 5 experts released ratings on this stock with an average target price of $185.2.
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* An analyst from Susquehanna persists with their Positive rating on Qualcomm, maintaining a target price of $190.
* Consistent in their evaluation, an analyst from Baird keeps a Outperform rating on Qualcomm with a target price of $216.
* An analyst from Rosenblatt has decided to maintain their Buy rating on Qualcomm, which currently sits at a price target of $225.
* An analyst from Wells Fargo has decided to maintain their Underweight rating on Qualcomm, which currently sits at a price target of $140.
* An analyst from Loop Capital has decided to maintain their Hold rating on Qualcomm, which currently sits at a price target of $155.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Qualcomm, Benzinga Pro gives you real-time options trades alerts.
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