QCOM Trade on Feb 4, 2021 15:48 from Marius: Tradervue User Stock Trades.

Markets continuing the re-bid rebound trade and possibly into ATH's tomorrow.

Fundamental Analysis

QCOM reported earnings indicating a strong growth guidance forward. This however was met with supply constraints which is currently affecting their business. Investor positioning action were noted in the sell-off. Longer-term this is a good company with the future of 5G and chips. In the shorter-term the company is not fully meeting high demand.

Quantitative Analysis

Intraday Fundamentals

RVOL 5.45
AVOL 8.44M
ATR 5.67
Short Float 1.49%
Shs Float 1.13B
Inst Own 77.50%
Market Cap 167.27B

Options Statistics + Tape Reading

SI 2.872
IV 42.79%
IVP 21%
P/C 0.553
VWAP 147.77

Options Positioning

OI 2586
VOL 2337
Delta .03
Theta -.09
Vega .01
Gamma .01
Prob T 6.36%
Prob ITM 3.15%
MMM +/- 2.898
IV Series 41.35%

Technical Analysis

Trade/Risk Management & Review

Trade executed and managed as planned. This is an earnings scalp trade that I was was not adding additional risk and or adjusting working existing parameters. This is in conjunction with another company earnings trade but on the alternate side of the tape.

Grading overall as an A, for trade set-up, plan, and execution. Noting that this is running two separate trades. Possibly an area of strength/edge due to my past trading ie, intraday common stock scalp trading. And maybe an area where it cognitively makes more sense to me, as similar in sports when athletes execute excellent performance in their state of flow and full focus. This an area of edge from previous data and will be looking into at a variety of scalp plays with options.