QCOM
Qualcomm
Rating 3.7 / 5 Recommendation Open trade

Credit put spread analysis · · Good setup

IV Rank
100
Implied volatility percentile
Trend
0.63
Long-term trend score
Safety
6/9
Quality checks passed
Drop
-11.5%
Day 3 of drop
1Y Change
31.2%
Trailing 12 months
Earnings
Clear
No event in window

AI analysis

Analyzing QCOM after an 11. 46% drop to $200. 08.

The stock is still up 31. 2% over two months, indicating a strong underlying trend (63%), but the recent sharp pullback creates potential for a short-term bounce or consolidation, which is the ideal environment for a credit put spread. The high Implied Volatility (100%) is a double-edged sword: it inflates option premiums, making the credit more attractive, but also signals elevated market fear and uncertainty.

The Safety score of 6/9 is moderate, suggesting the fundamentals aren't crumbling, but the lack of a reversal signal means we are trying to catch a falling knife without a clear technical catalyst. Given the moderately aggressive temperament, a defined-risk play is prudent. A 3-7% OTM sell strike aligns with the rules and current volatility.

A $5 spread width keeps capital at risk manageable relative to the stock price. The estimated credit meets the critical 0. 25 credit/width ratio, providing a decent buffer.

The primary concern is the high IV, which could compress rapidly if volatility subsides, hurting premium collection, and the stock could continue its descent given the momentum of the drop. However, the setup is reasonable for a defined-risk entry with a credit that justifies the risk. The expiration of 2026-06-26 provides enough time for a potential recovery or stabilization without excessive theta decay on the short leg.

Recommended credit put spread

AI-suggested setup based on the latest screen. Expiration Jun 25, 2026.

Sell
$190.00
Short put (collects premium)
Buy
$185.00
Long put (caps risk)
Width
$5.00
Estimated credit
$1.95
Max risk
$3.05
Return on risk
63.9%
Expiration
Jun 25, 2026

For entertainment purposes only. Not a recommendation to trade. Disclaimer.

Trade history on QCOM

Every live credit put spread we've opened on this ticker — what was traded, when, and how it ended.

OpenedStrikes (S/B)ExpirationCreditP/LOutcome
May 14, 2026 $190.00/$185.00 Jun 25, 2026 $1.95 Open

Earlier analyses

  1. 2.5/5 Hold

    The -11.46% drop in QCOM is significant and creates a potential oversold condition, but the overall setup for a credit put spread is weak and carries substantial risk. The stock is still up 31.2% over two months, indicat…

  2. 4.2/5 Open trade

    The sharp -11.46% drop in QCOM presents a compelling, albeit aggressive, opportunity for a credit put spread. The stock is still up 31.2% over two months, indicating the recent sell-off is a pullback within a strong uptr…