Big Prints in Qualcomm (QCOM). Shares are down 41 cents to $45.82 and the Jan – April 50 call spread trades for $1.03, 20000X. It was bought and is possibly an opening spread or a roll from January to April.
About the Author (Author Profile)
Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.