Mixed options sentiment in Broadcom (AVGO), with shares down $2.85 near $335.52. Options volume relatively light with 198k contracts traded and calls leading puts for a put/call ratio of 0.56, compared to a typical level near 0.61. Implied volatility (IV30) is higher by 4.5 points near 46.48,and above the 52wk median, suggesting an expected daily move of $9.82. Put-call skew flattened, suggesting a modestly bullish tone.
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:
- Top Mizuho Analyst Stays Bullish on Broadcom Stock (AVGO), Calls it ‘King of AI Custom Silicon’
- Advanced Micro Devices Stock (AMD) Is up 36% YTD, What Lies Ahead for the Chipmaker?
- AI Daily: Nvidia seen firming position as de facto AI infrastructure company
- Apple downgraded, Alibaba upgraded: Wall Street’s top analyst calls
- Astera Labs initiated with a Neutral at BofA