Mixed options sentiment in Broadcom (AVGO), with shares up $3.62, or 1.33%, near $275.43. Options volume roughly in line with average with 66k contracts traded and calls leading puts for a put/call ratio of 0.26, compared to a typical level near 0.6. Implied volatility (IV30) dropped 0.31 near 37.19,in the bottom quartile of the past year, suggesting an expected daily move of $6.45. 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:
- Early notable gainers among liquid option names on July 9th
- Nvidia Stock Is Chasing a $4 Trillion Crown, And It’s Closer Than You Think
- Broadcom’s Strong Market Position and AI Growth Drive Buy Rating
- Broadcom price target raised to $330 from $315 at KeyBanc
- Broadcom price target raised to $315 from $285 at Citi
