2024-06-21 CALL at $170.0 Option on Qualcomm Incorporated
| QCOM Stock | USD 204.05 0.75 0.37% |
2024-06-21 CALL at $170.0 is a CALL option contract on Qualcomm Incorporated's common stock with a strick price of 170.0 expiring on 2024-06-21. The contract was last traded on 2024-05-31 at 09:57:42 for $36.33 and, as of today, has 18 days remaining before the expiration. The option is currently trading at a bid price of $32.5, and an ask price of $36.75. The implied volatility as of the 3rd of June is 69.89.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qualcomm Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Qualcomm Stock, please use our How to Invest in Qualcomm Incorporated guide.
Qualcomm |
Call options on Qualcomm Incorporated give the investor right to buy Qualcomm Stock at a specified price within a specific period. The strike price represents the predetermined price at which a call buyer can buy Qualcomm Stock. Call options may be purchased for speculation or sold for income purposes, or simply combined for various spread or combination strategies. If Qualcomm Incorporated's price is above the strike price at expiry, the profit is the current Qualcomm Incorporated's stock price, minus the strike price and the premium.
Rule 16 of 2024-06-21 Option Contract
The options market is anticipating that Qualcomm Incorporated will have an average daily up or down price movement of about 4.37% per day over the life of the option. With Qualcomm Incorporated trading at USD 204.05, that is roughly USD 8.91. If you think that the market is fully understating Qualcomm Incorporated's daily price movement you should consider buying Qualcomm Incorporated options at that current volatility level of 69.89%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on Qualcomm Incorporated
An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Qualcomm Incorporated positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Qualcomm Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
| Call Contract Name | 2024-06-21 CALL at $170.0 |
| Expires On | 2024-06-21 |
| Days Before Expriration | 18 |
| Last Traded On | 2024-05-31 09:57:42 |
| Contract Period | MONTHLY |
| Open Interest | 170 |
| Current Trading Volume | 1.0 |
| Strike Price | 170.0 |
| Last Traded At | 36.33 |
| Current Price Spread | 32.5 | 36.75 |
| Rule 16 Daily Up or Down | USD8.91 |
Qualcomm short CALL Option Greeks
Qualcomm Incorporated's Option Greeks for the contract ending on 2024-06-21 at a strike price of 170.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Qualcomm Incorporated's option greeks, its implied volatility helps estimate the risk of Qualcomm Incorporated stock implied by the prices of the options on Qualcomm Incorporated's stock.
| Delta | 0.8861 | |
| Gamma | 0.0057 | |
| Theta | -0.1729 | |
| Vega | 0.0915 | |
| Rho | 0.0792 |
Qualcomm long CALL Option Payoff at expiration
Buying Qualcomm Incorporated's call option is the simplest of option trades. A call option on Qualcomm Stock gives investors the right (but not the obligation) to purchase Qualcomm Incorporated at the given strike price. Therefore Qualcomm Incorporated's call intrinsic value or payoff at expiration depends on where the Qualcomm Stock price is relative to the call option strike price. The strike price of 170.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and negative (the trade is a loss). Above the strike, the payoff line is upward sloping as the option payoff rises in proportion with Qualcomm Incorporated's price. Finally, at the break-even point of 206.33, the line crosses zero, and trading Qualcomm becomes profitable.
Profit |
| Qualcomm Incorporated Price At Expiration |
Qualcomm short CALL Option Payoff at expiration
By selling Qualcomm Incorporated's call option, the investors signals his or her bearish sentiment. A short position in a call option written on Qualcomm Incorporated will generally make money when the underlying price goes down. Therefore Qualcomm Incorporated's call intrinsic value or payoff at expiration depends on where the Qualcomm Stock price is relative to the call option strike price. The strike price of 170.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and positive (the seller makes a profit). Above the strike, the payoff line is downward sloping as the option payoff drops in proportion to Qualcomm Incorporated's price. Finally, at the break-even point of 206.33, the line crosses zero, and trading Qualcomm becomes disadvantageous with no downside limits.
Profit |
| Qualcomm Incorporated Price At Expiration |
Qualcomm Incorporated Available Call Options
Qualcomm Incorporated's option chain is a display of a range of information that helps investors for ways to trade options on Qualcomm. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Qualcomm. It also shows strike prices and maturity days for a Qualcomm Incorporated against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
| Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Call | 2024-06-07 CALL at $95.0 | 0.9591 | 8.0E-4 | 0 | 2024-06-07 | 106.9 - 111.2 | 0.0 | In |
Call | 2024-06-07 CALL at $100.0 | 0.9973 | 1.0E-4 | 0 | 2024-06-07 | 102.0 - 106.25 | 0.0 | In |
Call | 2024-06-07 CALL at $105.0 | 0.9973 | 1.0E-4 | 0 | 2024-06-07 | 97.0 - 101.25 | 0.0 | In |
Call | 2024-06-07 CALL at $110.0 | 0.9974 | 2.0E-4 | 0 | 2024-06-07 | 92.0 - 96.25 | 0.0 | In |
Call | 2024-06-07 CALL at $115.0 | 0.9975 | 2.0E-4 | 0 | 2024-06-07 | 87.0 - 91.25 | 0.0 | In |
Call | 2024-06-07 CALL at $120.0 | 0.9976 | 2.0E-4 | 0 | 2024-06-07 | 82.0 - 86.25 | 0.0 | In |
Call | 2024-06-07 CALL at $125.0 | 0.9978 | 2.0E-4 | 0 | 2024-06-07 | 77.0 - 81.25 | 85.15 | In |
Call | 2024-06-07 CALL at $130.0 | 0.998 | 2.0E-4 | 0 | 2024-06-07 | 72.0 - 76.25 | 0.0 | In |
Call | 2024-06-07 CALL at $135.0 | 0.9983 | 2.0E-4 | 0 | 2024-06-07 | 67.0 - 71.25 | 0.0 | In |
Call | 2024-06-07 CALL at $140.0 | 0.9962 | 4.0E-4 | 2 | 2024-06-07 | 62.0 - 66.3 | 69.67 | In |
Call | 2024-06-07 CALL at $145.0 | 0.9963 | 4.0E-4 | 0 | 2024-06-07 | 57.0 - 61.3 | 42.97 | In |
Call | 2024-06-07 CALL at $150.0 | 0.9149 | 0.0031 | 0 | 2024-06-07 | 52.0 - 56.3 | 53.39 | In |
Call | 2024-06-07 CALL at $155.0 | 0.9967 | 4.0E-4 | 0 | 2024-06-07 | 47.0 - 51.3 | 58.73 | In |
Call | 2024-06-07 CALL at $160.0 | 0.997 | 5.0E-4 | 0 | 2024-06-07 | 42.0 - 46.3 | 41.8 | In |
Call | 2024-06-07 CALL at $165.0 | 0.9936 | 0.001 | 10 | 2024-06-07 | 37.0 - 41.35 | 35.55 | In |
Call | 2024-06-07 CALL at $170.0 | 0.9935 | 0.0012 | 50 | 2024-06-07 | 32.0 - 36.35 | 31.06 | In |
Call | 2024-06-07 CALL at $172.5 | 0.9934 | 0.0013 | 0 | 2024-06-07 | 29.5 - 33.85 | 0.0 | In |
Call | 2024-06-07 CALL at $175.0 | 0.9933 | 0.0014 | 8 | 2024-06-07 | 27.0 - 31.35 | 32.9 | In |
Call | 2024-06-07 CALL at $177.5 | 0.9885 | 0.0023 | 0 | 2024-06-07 | 24.55 - 28.85 | 21.72 | In |
Call | 2024-06-07 CALL at $180.0 | 0.9834 | 0.0033 | 8 | 2024-06-07 | 22.05 - 26.4 | 21.12 | In |
Call | 2024-06-07 CALL at $182.5 | 0.9823 | 0.0039 | 1 | 2024-06-07 | 19.55 - 23.9 | 18.9 | In |
Call | 2024-06-07 CALL at $185.0 | 0.9715 | 0.006 | 6 | 2024-06-07 | 17.1 - 21.45 | 21.7 | In |
Call | 2024-06-07 CALL at $187.5 | 0.8538 | 0.0133 | 2 | 2024-06-07 | 14.65 - 19.0 | 18.0 | In |
Call | 2024-06-07 CALL at $190.0 | 0.8283 | 0.0157 | 64 | 2024-06-07 | 12.35 - 15.7 | 13.55 | In |
Call | 2024-06-07 CALL at $192.5 | 0.8072 | 0.019 | 0 | 2024-06-07 | 10.0 - 13.25 | 9.0 | In |
Call | 2024-06-07 CALL at $195.0 | 0.8395 | 0.0252 | 440 | 2024-06-07 | 9.35 - 10.65 | 8.34 | In |
Call | 2024-06-07 CALL at $197.5 | 0.7911 | 0.0334 | 364 | 2024-06-07 | 7.35 - 8.3 | 7.7 | In |
Call | 2024-06-07 CALL at $200.0 | 0.6805 | 0.0379 | 773 | 2024-06-07 | 6.05 - 6.3 | 6.0 | In |
Call | 2024-06-07 CALL at $202.5 | 0.5811 | 0.0425 | 486 | 2024-06-07 | 4.45 - 4.65 | 4.4 | In |
Call | 2024-06-07 CALL at $205.0 | 0.4722 | 0.0442 | 398 | 2024-06-07 | 3.15 - 3.35 | 3.2 | Out |
Call | 2024-06-07 CALL at $207.5 | 0.3653 | 0.0417 | 631 | 2024-06-07 | 2.16 - 2.33 | 2.2 | Out |
Call | 2024-06-07 CALL at $210.0 | 0.2721 | 0.0363 | 1624 | 2024-06-07 | 1.4 - 1.57 | 1.49 | Out |
Call | 2024-06-07 CALL at $212.5 | 0.1911 | 0.0299 | 523 | 2024-06-07 | 0.89 - 1.03 | 0.94 | Out |
Call | 2024-06-07 CALL at $215.0 | 0.1279 | 0.023 | 1241 | 2024-06-07 | 0.54 - 0.63 | 0.57 | Out |
Call | 2024-06-07 CALL at $217.5 | 0.0859 | 0.0169 | 673 | 2024-06-07 | 0.33 - 0.43 | 0.36 | Out |
Call | 2024-06-07 CALL at $220.0 | 0.0575 | 0.0121 | 985 | 2024-06-07 | 0.2 - 0.25 | 0.23 | Out |
Call | 2024-06-07 CALL at $222.5 | 0.0349 | 0.0081 | 356 | 2024-06-07 | 0.12 - 0.21 | 0.13 | Out |
Call | 2024-06-07 CALL at $225.0 | 0.0264 | 0.0061 | 774 | 2024-06-07 | 0.09 - 0.12 | 0.1 | Out |
Call | 2024-06-07 CALL at $227.5 | 0.0144 | 0.0037 | 277 | 2024-06-07 | 0.05 - 0.09 | 0.05 | Out |
Call | 2024-06-07 CALL at $230.0 | 0.0089 | 0.0024 | 283 | 2024-06-07 | 0.03 - 0.08 | 0.03 | Out |
Call | 2024-06-07 CALL at $232.5 | 0.0105 | 0.0025 | 25 | 2024-06-07 | 0.02 - 0.06 | 0.08 | Out |
Call | 2024-06-07 CALL at $240.0 | 0.0029 | 7.0E-4 | 163 | 2024-06-07 | 0.0 - 0.11 | 0.01 | Out |
Call | 2024-06-07 CALL at $250.0 | 0.0059 | 0.001 | 15 | 2024-06-07 | 0.0 - 0.08 | 0.03 | Out |
Call | 2024-06-07 CALL at $255.0 | 0.0069 | 0.0011 | 1 | 2024-06-07 | 0.0 - 0.17 | 0.04 | Out |
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Our tools can tell you how much better you can do entering a position in Qualcomm Incorporated without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Already Invested in Qualcomm Incorporated?
The danger of trading Qualcomm Incorporated is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Qualcomm Incorporated is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Qualcomm Incorporated. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Qualcomm Incorporated is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Qualcomm Incorporated is a strong investment it is important to analyze Qualcomm Incorporated's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Qualcomm Incorporated's future performance. For an informed investment choice regarding Qualcomm Stock, refer to the following important reports: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qualcomm Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Qualcomm Stock, please use our How to Invest in Qualcomm Incorporated guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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When running Qualcomm Incorporated's price analysis, check to measure Qualcomm Incorporated's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Qualcomm Incorporated is operating at the current time. Most of Qualcomm Incorporated's value examination focuses on studying past and present price action to predict the probability of Qualcomm Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qualcomm Incorporated's price. Additionally, you may evaluate how the addition of Qualcomm Incorporated to your portfolios can decrease your overall portfolio volatility.
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Is Qualcomm Incorporated's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Qualcomm Incorporated. If investors know Qualcomm will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Qualcomm Incorporated listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.357 | Dividend Share 3.2 | Earnings Share 7.51 | Revenue Per Share 32.637 | Quarterly Revenue Growth 0.012 |
The market value of Qualcomm Incorporated is measured differently than its book value, which is the value of Qualcomm that is recorded on the company's balance sheet. Investors also form their own opinion of Qualcomm Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Qualcomm Incorporated's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Qualcomm Incorporated's market value can be influenced by many factors that don't directly affect Qualcomm Incorporated's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Qualcomm Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qualcomm Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qualcomm Incorporated's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.