The Trade: Sell 1 QCOM August 55 call and buy 1 QCOM September 55 call for a $0.50 debit Qualcomm ( QCOM) is a major player in the semiconductor spaceIt has a forward P/E ratio of 17 and a quality balance sheet, with a cash position exceeding total debt by almost $17 billion QCOM is in the process of attempting to take over NXP Semi ( NXPI) . ...
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