QCOM PUT +$13.38 (+85F) in 85m — bands tightened into downside
The PUT triggered at 9:40am ($225.80) and ran to 11:05am ($212.42) for +$13.38, with bands tightened before the move and a tight squeeze through 9:45am–9:55am. Downside momentum showed up with a bearish momentum confirmation at 10:25am and volume stepping in with a spike at 10:10am and another charging burst at 10:25am, plus a strong follow-through at 11:00am.
QCOM paid on the short side: the put entered at 9:40am at $225.80 and exited at 11:05am at $212.42 for +$13.38, a clean 85-minute hold that captured 99% of the session’s best close-to-close move. Z3 flipped bearish at 10:25am, one bar after entry, and printed its peak at -2.41 right there, telling you downside momentum had finally gone from developing to real. The setup had bands tightened into the open at 9:30am, then another tight grind from 9:45am to 9:55am before volume started to confirm with a present spike at 10:10am, a charging burst at 10:25am, and another present hit at 11:00am, even though price never got a Kijun flip down or a range extension below the IB low. Pain was basically nonexistent: price moved in the right direction right away, hit 10F without any meaningful close-based pushback, and the exit came with almost no giveback from the 11:00am peak at $212.32.
Verdict: clean, efficient, and absolutely worth the hold even without the extra structural confirms.