TRU-SENTIMENT · DeltaNeutral
QCOM Trading Analysis - 09/08/2026 04:56 PM — TRU-SENTIMENT
Options chain · Stock chart · Baseline chart
QCOM (Qualcomm Inc) at $175.24. True Sentiment Bullish, delta 40-60 call 79% / put 21%, call $199,454 vs put $53,388. RSI 71.5.
- Symbol
- QCOM
- Price
- $175.24
- Article bias (separate from True Sentiment)
- bullish
- Conviction
- medium
- Published
- 2026-09-08 16:56:00 ET
- Author
- DeltaNeutral staff
TRUE SENTIMENT ANALYSIS (DELTA 40-60 OPTIONS)
True Sentiment Analysis (Delta 40-60 Options):Overall options flow sentiment: Bullish
- Call dollar volume: $199,453.65
- Put dollar volume: $53,388.10
- Call contracts: 20,399
- Put contracts: 5,082
The options sentiment is bullish, with a higher call dollar volume and more call contracts traded.
Key Statistics: QCOM
Fundamental Snapshot
Valuation
| P/E (Trailing) | 19.28 |
| P/E (Forward) | N/A |
| PEG Ratio | N/A |
| Price/Book | 6.50 |
Profitability
| EPS (Trailing) | $8.75 |
| EPS (Forward) | N/A |
| ROE | 33.48% |
| Net Margin | 21.01% |
Financial Health
| Revenue (TTM) | $44.07B |
| Debt/Equity | 0.46 |
| Free Cash Flow | N/A |
| Rev Growth | N/A |
Analyst Consensus
📈 Analysis
News Headlines & Context:
Recent news headlines for QCOM include:
- Qualcomm announced a new partnership with a major smartphone manufacturer to provide 5G solutions.
- The company reported strong quarterly earnings, beating analyst expectations.
- QCOM was upgraded by a major analyst firm, citing improving demand for 5G chips.
These headlines suggest a positive outlook for QCOM, with potential for increased revenue and growth in the 5G sector.
Fundamental Analysis:
Based on the provided fundamentals data:
- Revenue: $44.07 billion
- Trailing EPS: $8.75
- Trailing P/E: 19.28
- Price-to-Book: 6.50
- Debt-to-Equity: 0.46
- Return on Equity (ROE): 33.48%
QCOM's fundamentals indicate a strong revenue base, with a reasonable P/E ratio and a healthy ROE. However, the debt-to-equity ratio is relatively high.
Current Market Position:
Current price: $174.09
Recent price action: The stock has shown a recent uptrend, with a high of $183.49 and a low of $142.89 in the past 30 days.
Intraday momentum: The minute bars indicate a slight uptrend in the last few hours of trading.
Technical Analysis:
Technical Indicators
SMA trends:
- 5-day SMA: $169.59
- 20-day SMA: $164.62
- 50-day SMA: $169.01
The stock is currently above its 50-day SMA, indicating a bullish trend. The RSI is in the overbought zone, suggesting potential for a pullback. The MACD is positive, indicating upward momentum.
True Sentiment Analysis (Delta 40-60 Options):
Overall options flow sentiment: Bullish
- Call dollar volume: $199,453.65
- Put dollar volume: $53,388.10
- Call contracts: 20,399
- Put contracts: 5,082
The options sentiment is bullish, with a higher call dollar volume and more call contracts traded.
Key Price Levels:
Support: $175.00
Resistance: $190.00
Entry: $178.50
Target: $195.00
Stop Loss: $172.00
25-Day Price Forecast:
QCOM is projected for $175.00 to $185.00
Based on current trends, momentum, and indicators, QCOM is expected to trade within this range in the next 25 days.
Defined Risk Strategy Recommendations:
Based on the price forecast, consider the following strategies:
- Bull Call Spread: Buy 100 calls at $180.0 strike, sell 100 calls at $185.0 strike, expiring on 2026-10-16. This strategy benefits from a price increase towards $195.00.
- Bear Put Spread: Buy 100 puts at $175.0 strike, sell 100 puts at $170.0 strike, expiring on 2026-10-16. This strategy benefits from a price decrease towards $172.00.
- Iron Condor: Sell 100 calls at $185.0 strike, buy 100 calls at $190.0 strike, sell 100 puts at $170.0 strike, buy 100 puts at $165.0 strike, expiring on 2026-10-16. This strategy benefits from a stable price range.
Risk Factors:
- Technical warning signs: Overbought RSI
- Sentiment divergences: None
- Volatility: High ATR
Monitor these factors to adjust the trading strategy.
Summary & Conviction Level:
Overall bias: Bullish
Conviction level: Medium
Trade idea: Consider buying QCOM calls or a bull call spread.
View QCOM Options Chain