Moderately bullish activity in Broadcom (AVGO), with shares up $3.38, or 0.98%, near $347.15. Options volume relatively light with 81k contracts traded and calls leading puts for a put/call ratio of 0.48, compared to a typical level near 0.62. Implied volatility (IV30) is higher by 0.6 points near 43.1,and below the 52wk median, suggesting an expected daily move of $9.42. Put-call skew flattened, suggesting a modestly bullish tone.
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