QCOMQualcomm Inc
Options Analysis Report•RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT
Market Cap $160.1B|NASDAQ
● 2026-04-29$156.00
BULLISH
Analysis: 2026-04-28 EOD data
1Y +5.1%YTD -9.8%7D +14.6%
Options Vol
114,227
30D
Implied Move
±17.0%
IV Rank
39%
QCOM Options Overview
IV is elevated with bullish flow and unusual activity. Conditions favor premium sellers.
REWARDS
RISK ANALYSIS
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Value
Is IV priced right?
3.3
ExpensiveCheap
Measures whether options are cheap, fair, or rich relative to historical and peer
IV
levels.Risk Checks4/9 checks passed
IV Rank
≤35%IV Rank 89.4% — elevated vs history
IV/HV Ratio
<1.05xIV/HV 1.48x — IV premium over HV
Sector Relative≤50%
Sector percentile 67% — above sector median
Term Structure
<1.1xFront/Back 2.65x — backwardation
Skew Normal
<1.25xPut/Call IV 1.16x — elevated
Absolute IV
<80%ATM IV 61.0% — normal range
Spread-Adjusted Value
<80%Effective IV 75.5% (ATM 61.0% + spread 7.2% + bias) — fair
Execution Efficiency
<3.0%Total drag 10.31% (spread 7.23% + slippage 3.08%) — high friction
Vega Efficiency
≥5.0Vega efficiency 17.84 (vega 12.896 / spread 7.23%) — efficient
Sentiment
Bullish or bearish?
6.3
BearishBullish
Analyzes
put/call ratios
, open interest skew
, and flow direction to determine market bias.Risk ChecksNeutral - Moderate signal (Conviction: -4%, Raw: -3%)
Flow Direction
|net sentiment| ≥25%Conviction-weighted: -4% (neutral) — Raw: -3%
OI Skew Magnitude
≥15%|OI skew| 22.0% — call-heavy
Volume-OI Alignment
Same sign, |vol skew| ≥10%Vol skew +60.9%, OI skew +22.0% — aligned
Conviction Quality
≥2/3 conditions0-DTE 0%, far-OTM 15%, avg DTE 30
OI Momentum
|change| ≥3%OI change +0.0% (5d) — stable
Smart Money Flow
|weighted flow| ≥20%ITM: -16%, ATM: -3%, OTM: -3% — bearish (ITM/ATM aligned)
Sector Relative≤40% or ≥60%
Sector P/C percentile 12% — very bullish vs sector
Activity
Unusual activity?
6.2
QuietActive
Detects volume surges,
block trades
, and unusual options activity that may signal moves.Risk Checks5/9 checks passed
Volume Surge
≥1.5xVolume 1.9x avg — elevated
Turnover Rate
≥15%Vol/OI 16.7% — high turnover
Strike Concentration
≥60%Top 3 strikes = 50% — dispersed
Multi-Day Persistence
≥2 days3 day(s) elevated — sustained
OI Build
≥5%OI change +31.4% (5d) — building
Sector Relative≥60%
Sector activity percentile 89% — very active vs sector
Trade Quality
≥30%Large trade volume 18% — mixed
Execution Urgency
≥60%Aggressive execution 40% — patient
Flow Conviction
≥30Conviction -4 (bearish) — mixed
Liquidity
Can I trade efficiently?
5.2
IlliquidLiquid
Evaluates
bid-ask spreads
, volume depth, and open interest for trade execution quality.Risk Checks4/8 checks passed
Tradeable Spread
≤5.0%Spread 7.2% — wide
Adequate OI
≥10,000OI 683,621 — deep
Active Volume
≥500Volume 114,227/day — active
Reasonable Cost
≤$0.50$0.36 to cross — cheap
Strike Coverage
≥5 strikes0 liquid strikes — limited options
Sector Relative≤40%
Sector spread percentile 68% — wider than sector
Order Book Depth
≥100 contractsDepth 227.9 contracts (bid:111.0 ask:116.9) — adequate
Execution Quality
<1.0%Avg slippage 3.08% — poor
Timing
Is now a good time?
7.0
RiskyFavorable
Considers earnings proximity,
time decay
, and event calendar for optimal entry timing.Risk Checks7/9 checks passed
Term Structure Clarity
|slope| ≥5%Slope +165.4% — backwardation
IV Percentile Clarity
<30 or >70IV percentile 89% — seller opportunity
Event Detection
≥10pts kinkIV kink 65.5pts — event priced
Theta/Vega Clarity
<0.5 or >2.0θ/ν ratio 56.24 — favors income trades
Expiration Distribution
≥3 expirations5 liquid expirations — flexible
Event Risk
≥60% (safe)HIGH RISK: Earnings in 0d (HIGH RISK); FOMC in 0d (HIGH)
Spread Momentum
<1.2 ratioSpread ratio 1.00x — stable
Flow Momentum
≥25% strength + ≥50% consistencyFlow -4% @ 52% consistency — unclear
Smart Money Timing
≥40 composite scoreScore 48 (ITM 20% + inst 18%) — moderate institutional
Directional Strategy Fit
Option Buyers
Long Calls5.2
bullishIV expensive, bullish flow
Long Puts4.3
bearishIV expensive, bullish flow
Premium Sellers
Cash-Secured Put6.5
bullishIV rich premium, bullish flow
Covered Call5.4
bearishIV rich premium, bullish flow
For educational purposes only. Not investment advice.