Mixed options sentiment in Broadcom with shares down 1.74%

Mixed options sentiment in Broadcom (AVGO), with shares down $6.24 near $352.15. Options volume relatively light with 106k contracts traded and calls leading puts for a put/call ratio of 0.89, compared to a typical level near 0.64. Implied volatility (IV30) is higher by 1.2 points near 54.26, in the highest 10% of observations over the past year, suggesting an expected daily move of $12.04. Put-call skew flattened, suggesting a modestly bullish tone.