wwwPosted Jul 14th 2008 10:47AM by Paul Foster
Filed under: QUALCOMM Inc (QCOM), Options
Qualcomm (NASDAQ: QCOM) closed at $48.33 Friday. QCOM makes chips for handsets and licenses technology to handset makers. QCOM is expected to report Q3 EPS on July 23. QCOM August option implied volatility of 44 is above its 26-week average of 38 according to Track Data, suggesting larger price movement.
Volatility Index S&P 500 Options-VIX at 27.19; 10-day moving average is 24.90
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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