Qualcomm shares are off 50c to $35.10 and notable volume in the October $33 puts in which a 4,144 lot and now total of 10,050 contracts have traded. Looks like buying and potentially closes a position opened on 5/10 when shares gap higher that day to around $37.40 and puts were around $1.80 a contract. Lowered guidance from NOK could be weighing on shares.

1 user commented on " Qualcomm Inc (QCOM) $35.01 -1.60% "
Follow-up comment rss or Leave a TrackbackThanks Steve. There was a nice spike in put buying in NOK Friday.
http://whatstrading.com/index.php?submit.x=0&submit.y=0&s=NOK
Good stuff. For more from Steve Smith:
http://www.minyanville.com/optionsmith/