Liquidated 19 OCT QCOM 73/71 Bull Put Spread at $2.00 for Net Debit of $1.25 AND Filled on QCOM 9 NOV 66/64 Bull Put Spread at $.90 while underlying was $65.07

Let’s roll our Bull Put Spread on Qualcomm Inc (QCOM) in anticipation of a bounce.

Ticker Symbol: QCOM

Liquidate Bull Put Spread
Expiration: October 19, 2018
Buy to Close the 73 Put
Sell to Close the 71 Put

Current midprice is $2.00. Look for a DEBIT of $2.00 or lower.

Initiate Bull Put Spread
Expiration: November 9, 2018
Sell to Open the 66 Put
Buy to Open the 64 Put

The midprice is currently showing $.92. Let’s look for a CREDIT of between $.90 and $.95 TODAY ONLY.