New Trade – $QCOM: Shanghai Surprise

Qualcomm Powered Tablet Computer

QCOM is down today more than double the implied move following earnings that missed expectations and offered squishy guidance. The main driver for the selling seems to be issues with royalty … [Read more...]

Name That Trade – $QCOM: Phone Home


QCOM reports their fiscal Q3 tonight after the close. The options market is implying about a 3.25% one day move tomorrow, which is basically inline with the 4 qtr avg.  Relative to other large cap … [Read more...]

Apple ($AAPL) Fiscal Q3 Earnings Preview


Event:  Apple is set to report its fiscal Q3 earnings tonight after the close and the options market is implying about a 4.75% one day move* vs the 4 qtr avg of about 6% and the 8 qtr avg of about 5%. … [Read more...]