#Earnings QCOM has gone down on last 9 earnings reports. But since the Feb lows it seems to have found its bottom and now in recovery. Carter Worth covered it on Fast Money as a bullish play. I’m making a pretty cheap play with a 57.5 call butterfly, which is about the expected move in TOS.

Bought to open QCOM 56.5/57.5/58.5 call butterflys for .15. Max loss .15, max gain .84 if pins at 57.5. Expiration breakevens 56.66 and 58.32.