Broadcom call volume above normal and directionally bullish
The Fly

Broadcom call volume above normal and directionally bullish

Bullish option flow detected in Broadcom with 33,546 calls trading, 3x expected, and implied vol increasing almost 2 points to 41.17%. 6/28 weekly 1650 calls and 6/28 weekly 1620 calls are the most active options, with total volume in those strikes near 7,800 contracts. The Put/Call Ratio is 0.31. Earnings are expected on August 29th.

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