Mixed options sentiment in Broadcom (AVGO), with shares down $5.16 near $337.60. Options volume relatively light with 62k contracts traded and puts leading calls for a put/call ratio of 1.14, compared to a typical level near 0.87. Implied volatility (IV30) dropped 0.19 near 59.84, in the highest 10% of observations over the past year, suggesting an expected daily move of $12.73. 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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