Pre-earnings options volume in Broadcom is 1.2x normal with calls leading puts 7:4. Implied volatility suggests the market is anticipating a move near 5.7%, or $84.19, after results are released. Median move over the past eight quarters is 2.9%.
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:
- Options Volatility and Implied Earnings Moves Today, June 12, 2024
- Morgan Stanley Analyst Favors NVDA and AVGO Over AMD
- Broadcom to report ‘beat and raise’ quarter on AI strength, says Citi
- Broadcom (NASDAQ:AVGO) Pre-Earnings: Here’s What to Expect
- Early notable gainers among liquid option names on June 10th
