Bullish option flow detected in Broadcom (AVGO) with 59,836 calls trading, 1.9x expected, and implied vol increasing over 2 points to 51.53%. 3/6 weekly 340 calls and 3/6 weekly 350 calls are the most active options, with total volume in those strikes near 12,200 contracts. The Put/Call Ratio is 0.58. Earnings are expected on June 3rd.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AVGO:
- Notable open interest changes for March 6th
- Broadcom Stock Forecast: Trending Bullish With AI Tailwinds
- Broadcom price target raised to $470 from $462 at Morgan Stanley
- Marvell upgraded to Buy from Hold at Benchmark
- Corning Stock Slips as Broadcom CEO Downplays Need for Optical Tech in AI Data Centers
