Mixed options sentiment in Broadcom (AVGO), with shares down $1.17 near $324.00. Options volume relatively light with 64k contracts traded and calls leading puts for a put/call ratio of 0.82, compared to a typical level near 0.97. Implied volatility (IV30) is higher by 2.1 points near 63.09, in the highest 10% of observations over the past year, suggesting an expected daily move of $12.88. Put-call skew flattened, suggesting a modestly bullish tone.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.
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