In Wednesday's Blitz Daily, we take a look at Silicon Valley powerhouse chipmaker Qualcomm after it announced a strategic partnership with Microsoft.
Qualcomm was one of the few bright spots for tech sector amid Wednesday’s bloodbath. Shares jumped as much as 3.3% following an announcement the company is developing news chips for Microsoft’s upcoming metaverse project.
Bullish traders jumped on the news and bombarded QCOM options, taking large positions across multiple expirations!
And if you’re looking for more action, I have two more monster options plays waiting inside…
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