Qualcomm call volume above normal and directionally bullish
The Fly

Qualcomm call volume above normal and directionally bullish

Bullish option flow detected in Qualcomm with 38,780 calls trading, 2x expected, and implied vol increasing over 2 points to 30.47%. 3/8 weekly 175 calls and 3/8 weekly 170 calls are the most active options, with total volume in those strikes near 5,600 contracts. The Put/Call Ratio is 0.36. Earnings are expected on May 1st.

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