Qualcomm (QCOM) Offering Possible 12.87% Return Over the Next 19 Calendar Days

Qualcomm's most recent trend suggests a bullish bias. One trading opportunity on Qualcomm is a Bull Put Spread using a strike $76.00 short put and a strike $71.00 long put offers a potential 12.87% return on risk over the next 19 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $76.00 by expiration. The full premium credit of $0.57 would be kept by the premium seller. The risk of $4.43 would be incurred if the stock dropped below the $71.00 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 above 80 which suggests that the stock is in overbought territory.

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 FYQ4 On Tap: Bulls See Strength in iPhone, China Risk Priced In
Mon, 03 Nov 2014 19:31:00 GMT
Barrons.com – Wireless chip titan Qualcomm (QCOM) reports fiscal Q4 results after the bell this Wednesday, November 5th, the first quarter since the company on July 23rd beat Q3 expectations and raised its year outlook, but also disclosed it is struggling with some vendors in China who are refusing to pay for its technology. This is also the first report since Apple’s (AAPL) iPhone 6 was introduced last month, using Qualcomm parts, and the first report since a Samsung Electronics (005930KS) reported a decline in its Q3 mobile fortunes. Samsung is, like Apple, a major customer of Qualcomm’s. The company continues to be under investigation by the Chinese government regarding its licensing business, which charges royalties for phones shipped that use technology for which Qualcomm holds patents. Diving headfirst into the China issue, CLSA’s Srini Pajjuri reiterates an Outperform rating on Qualcomm stock, and a $90 price target, writing that he has “limited visibility” into China’s investigation, but that “even if we assume that China royalty revenue goes to zero, the stock is trading at 17x, suggesting that a near worst case scenario is priced in.” Probably, the most prominent China OEMs have no problem with Qualcomm, he speculates: “we believe most top tier original equipment manufacturers (OEMs) in China such as Huawei, Lenovo, Xiaomi, Coolpad, and ZTE are complying.” Qualcomm, he opines, is unlikely to agree to strip away royalty demands altogether.

Malaysia's Astro Honoured with CASBAA Chairman's Award 2014
Fri, 31 Oct 2014 08:07:00 GMT
ACN Newswire – Hong Kong, Oct 31, 2014 – (ACN Newswire) – Astro Malaysia Holdings Bhd (Astro) was honoured with the CASBAA Chairman's Award on October 29 during the second day of the CASBAA Convention 2014 in Hong Kong. …

CASBAA Convention 2014 Delves Deeper into Strategies for Adopting Content Beyond The Box
Thu, 30 Oct 2014 12:30:00 GMT
ACN Newswire – Hong Kong, Oct 30, 2014 – (ACN Newswire) – The second day of the annual CASBAA Convention, 2014, saw speakers across technology, advertising and content industries take a more in-depth look at how to adapt to a future ‘Beyond the Box'. Twitter's Global Chair of TV, Danny Keens commented that “TV was still the biggest game in town” with Barry Cupples, Global CEO, Investment, Omnicom Media Group, saying that he felt “positive about the future of TV as long as the content is good”. With regards to the economics of TV, John McLellan, Head of the Commercial & Media and Entertainment Department, Haldanes said that “millennials will own a TV subscription” but Sushant Sharma, Senior Business Development Manager, Accedo, argued against the economics of revenues from the likes of bundling stating “the internet will be the medium of future content delivery”. During a panel session, Danny Keens discussed how there was a “bump in TV ratings of 29 per cent” due to associated Twitter conversations with research showing that viewers who were also engaging with Twitter stayed longer.

CASBAA Convention 2014 Kicks off to Debate the Future of Content ‘Beyond the Box'
Thu, 30 Oct 2014 02:14:00 GMT
ACN Newswire – HONG KONG, Oct 29, 2014 – (ACN Newswire) – The annual CASBAA Convention kicked off yesterday with a look at how the content world will change with the advent of over the top streaming services and digital content. With the theme ‘Beyond the Box', the convention gathered professionals from the cable and satellite broadcast industry from key operators and technology carriers to content providers, marketers and media, to discuss the pertinent topics facing the industry right now and how Asian players in this field can adapt to stay ahead of the content game. The 21st CASBAA Convention was officially opened by Professor K C Chan, Acting Financial Secretary, Government of Hong Kong SAR. Jon Feltheimer, CEO of Lionsgate said that industry stalwarts need to recognise that “the more we hold on to the business models of today, the more we open the door to change makers and entrepreneurs of the future” whilst Andrew Rashbass, CEO of Reuters talked about the need to “develop a new business model with a fundamentally different cost basis”.

Three Ways The Shrinking U.S. Trade Deficit Should Prompt You To Rethink Your Portfolio
Mon, 27 Oct 2014 16:45:00 GMT

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