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Qualcomm call volume above normal and directionally bullish

Bullish option flow detected in Qualcomm with 38,780 calls trading, 2x expected, and implied vol increasing over 2 points to 30.47%. 3/8 weekly 175 calls and 3/8 weekly 170 calls are the most active options, with total volume in those strikes near 5,600 contracts. The Put/Call Ratio is 0.36. Earnings are expected on May 1st.

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