Qualcomm (QCOM) Offering Possible 28.53% Return Over the Next 15 Calendar Days

Qualcomm's most recent trend suggests a bullish bias. One trading opportunity on Qualcomm is a Bull Put Spread using a strike $146.00 short put and a strike $141.00 long put offers a potential 28.53% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $146.00 by expiration. The full premium credit of $1.11 would be kept by the premium seller. The risk of $3.89 would be incurred if the stock dropped below the $141.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Qualcomm is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Qualcomm is bullish.

The RSI indicator is at 57.47 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here


LATEST NEWS for Qualcomm

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We have narrowed down our search to five corporate giants as these companies have globally established business models and worldwide acknowledged brand value. These are: AAPl, MSFT, NKE, AMD and QCOM.

U.K. Considers Blocking Nvidia Takeover of Arm Over Security
Wed, 04 Aug 2021 01:04:08 +0000
(Bloomberg) — The U.K. is considering blocking a takeover of Arm Ltd. by Nvidia Corp. due to potential risks to national security, according to people familiar with the discussions.Nvidia, the biggest U.S. chip company by market capitalization, announced in September a $40 billion deal to acquire Arm from Japan’s SoftBank Group Corp., as part of a push to spread its reach in the surging market for semiconductors. SoftBank has been selling assets to raise cash for buybacks and fresh investments

Google Is Making Its Own Smartphone Chips. What It Means for Qualcomm Stock.
Tue, 03 Aug 2021 17:01:00 +0000
Investors thinking about the generation of phones that Google unveiled Monday should be looking past how they will stack up against the iPhone.

Alphabet wants to make its own smartphone chips — what in the world is the company thinking?
Tue, 03 Aug 2021 15:16:00 +0000
Alphabet said Monday it will take its silicon building in-house when it launches a new flagship line of Google Pixel phones. While much of the analysis of this news pointed to it as a positive step for Alphabet (GOOG) I interpreted it as a desperate attempt for the company to make headlines about its poor-performing line of mobile devices and to do so by taking a risk that even Apple (AAPL) isn’t yet willing to take when it comes to its vertical integration into semiconductors. Apple made headlines over the past few years with its departure from Intel (INTC) and the introduction of its M1 architecture.

Nokia (NOK) Strengthens Ties With Taiwan Mobile for 5G Deployment
Tue, 03 Aug 2021 12:53:12 +0000
Nokia (NOK) and Taiwan Mobile continue to advance 5G deployment and build a booming ecosystem.

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