Mixed options sentiment in Broadcom (AVGO), with shares up $4.20, or 1.33%, near $320.13. Options volume roughly in line with average with 378k contracts traded and puts leading calls for a put/call ratio of 1.89, compared to a typical level near 0.95. Implied volatility (IV30) dropped 1.59 near 43.85,and below the 52wk median, suggesting an expected daily move of $8.84. Put-call skew steepened, indicating increased demand for downside protection.
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