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Mixed options sentiment in Broadcom with shares up 1.24%

Mixed options sentiment in Broadcom (AVGO), with shares up $4.23, or 1.24%, near $344.53. Options volume relatively light with 111k contracts traded and calls leading puts for a put/call ratio of 0.73, compared to a typical level near 0.59. Implied volatility (IV30) dropped 2.08 near 43.56,and below the 52wk median, suggesting an expected daily move of $9.45. Put-call skew flattened, suggesting a modestly bullish tone.

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