15000 QCOM Feb 60 calls over Feb 50 puts went up in 2 blocks on the PHLX marked buy write.? 540000 shares of QCOM went up for 55.50 most likely tied to the option trade.?
Shares Qualcomm Inc (QCOM) are up .15 to 55.04 today.? ?QCOM is near the middle of the 52 week range.
- Paper traded 15000 QCOM Feb 60 calls over Feb 50 puts.?
- The ADV is 35k contracts.?
- The OI is 1228 and 3100 contracts.
The volume went up in 2 blocks on the PHLX marked buy write.? 540000 shares of QCOM went up for 55.50 most likely tied to the option trade.? The trader looks like they want a delta neutral backspread with the bias on the upside bounce.? A close at 50 does well too.
- IV 30 is trading for 33%.?
- HV10 is trading for 71%.?
- IV 30 is trading below the HV 10.
QUALCOMM Incorporated is engaged in the development and commercialization of a digital communication technology called code division multiple access (CDMA).