Qualcomm's most recent trend suggests a bullish bias. One trading opportunity on Qualcomm is a Bull Put Spread using a strike $72.50 short put and a strike $67.50 long put offers a potential 11.11% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $72.50 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock dropped below the $67.50 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 74.66 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
Qualcomm buys Palm patents from Hewlett-Packard
Fri, 24 Jan 2014 00:43:35 GMT
AP – Cell-phone chip maker Qualcomm Inc. said Thursday it has acquired patents once owned by smart phone maker Palm Inc. from Hewlett-Packard for an undisclosed amount. Qualcomm says the purchase covers 1,400 …
Qualcomm buys Palm patents from Hewlett-Packard
Fri, 24 Jan 2014 00:43:19 GMT
AP – Cell-phone chip maker Qualcomm Inc. said Thursday it has acquired patents once owned by smartphone maker Palm Inc. from Hewlett-Packard for an undisclosed amount. Qualcomm says the purchase covers 1,400 …
4:31 pm Qualcomm acquires Palm, IPAQ and Bitfone patent portfolio from HP (HPQ); purchase price was not publicly disclosed
Thu, 23 Jan 2014 23:49:23 GMT
Briefing.com – 4:31 pm Qualcomm acquires Palm, IPAQ and Bitfone patent portfolio from HP (HPQ); purchase price was not publicly disclosed
Why Qualcomm acquired 2,400 patents from HP
Thu, 23 Jan 2014 23:21:00 GMT
Fortune – FORTUNE — Qualcomm (QCOM) announced on Thursday that it acquired some 2,400 patents (and pending patent applications) from Hewlett-Packard (HP). The deal was announced quietly — the official statement …
Hewlett-Packard sells Palm patents to Qualcomm
Thu, 23 Jan 2014 23:19:13 GMT
San Jose Mercury News – Cell-phone chip maker Qualcomm said Thursday it has acquired patents once owned by smart phone maker Palm from Hewlett-Packard for an undisclosed amount.
Related Posts
Also on Market Tamer…
Follow Us on Facebook