Mixed options sentiment in Broadcom (AVGO), with shares down $-4.54 (-1.95%) near $228.09

Options volume is roughly in line with average, with 123k contracts traded and calls leading puts for a put/call ratio of 0.58, compared to a typical level near 0.79. Implied volatility (IV30) dropped 0.28 to 49.95,above the median, suggesting an expected daily move of $7.18. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Broadcom (AVGO) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.