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Qualcomm call volume above normal and directionally bullish

Bullish option flow detected in Qualcomm (QCOM) with 20,533 calls trading, 1.3x expected, and implied vol increasing over 2 points to 45.48%. Feb-26 160 calls and 2/6 weekly 160 calls are the most active options, with total volume in those strikes near 8,100 contracts. The Put/Call Ratio is 0.56. Earnings are expected on February 4th.

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