Moderately bullish activity in Broadcom (AVGO), with shares up $4.11, or 1.62%, near $257.01. Options volume roughly in line with average with 63k contracts traded and calls leading puts for a put/call ratio of 0.29, compared to a typical level near 0.63. Implied volatility (IV30) is higher by 0.0 points near 36.38,in the lowest 10% of observations over the past year, suggesting an expected daily move of $5.89. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Buy at Erste Group.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AVGO:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue