Moderately bullish activity in Broadcom (AVGO), with shares up $7.67, or 2.17%, near $361.80. Options volume roughly in line with average with 213k contracts traded and calls leading puts for a put/call ratio of 0.44, compared to a typical level near 0.61. Implied volatility (IV30) is higher by 1.9 points near 44.92,and below the 52wk median, suggesting an expected daily move of $10.24. Put-call skew flattened, suggesting a modestly bullish tone.
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