jdharward

QCOM - Short

Short
jdharward Updated   
NASDAQ:QCOM   QUALCOMM Incorporated
After a very impressive 50% plus price gain following QCOM/AAPL dropping their beef, the price now looks primed to short.

Sub 80 by end of this week or next?

Odds look good!
Comment:
I'm going to call a target of $81 sometime this week.
Comment:
zoomed in on the 15 min. Looking forward to seeing my QCOM puts in the morning.
Comment:
Trade active:
Bought 37 QCOM puts with 86 and 87 strikes.

With Tarfis now live, I wouldn't be surprised to see $78 or lower tomorrow. Breaking $80 for sure.
Comment:
Also, about two dozen QCOM executives UNLOADED shares between last Friday 5/3 and through today. They're still selling actually. That should tell you something.

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