QCOM QUALCOMM Incorporated Options Ahead of Earnings

If you haven`t bought QCOM on this support:

Then analyzing the options chain and the chart patterns of QCOM QUALCOMM Incorporated prior to the earnings report this week,
I would consider purchasing the 170usd strike price Calls with
an expiration date of 2024-5-17,
for a premium of approximately $6.50.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Dagangan ditutup: sasaran tercapai:

QCOM traded at $182.40 after earnings, and the Calls went up from $6.50 (when I wrote this article) to $12.95 at the close today (even higher intraday), for about 2X gain!