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Mixed options sentiment in Broadcom with shares up 1.33%

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.

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