Options volume is roughly in line with average, with 131k contracts traded and calls leading puts for a put/call ratio of 0.77, compared to a typical level near 0.79. Implied volatility (IV30) dropped 0.67 to 49.96,above the median, suggesting an expected daily move of $7.34. Put-call skew flattened, suggesting a modestly bullish tone.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AVGO:
- Dick’s to acquire Foot Locker, Walmart reports Q1 beat: Morning Buzz
- Broadcom announces third-generation CPO technology
- Arista Networks plans to buy Broadcom’s VeloCloud, The Information reports
- Gladstone Capital Management Reduces Stake in Broadcom Inc.
- MIG Capital, Llc Increases Stake in Broadcom Inc.
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue