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Moderately bullish activity in Broadcom with shares up 2.27%

Moderately bullish activity in Broadcom (AVGO), with shares up $7.28, or 2.27%, near $327.32. Options volume roughly in line with average with 196k contracts traded and calls leading puts for a put/call ratio of 0.59, compared to a typical level near 0.7. Implied volatility (IV30) is higher by 0.4 points near 44.99,and below the 52wk median, suggesting an expected daily move of $9.28. Put-call skew flattened, suggesting a modestly bullish tone.

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