Moderately bullish activity in Broadcom (AVGO), with shares up $10.25, or 2.83%, near $372.30. Options volume roughly in line with average with 165k contracts traded and calls leading puts for a put/call ratio of 0.4, compared to a typical level near 0.6. Implied volatility (IV30) is higher by 0.4 points near 45.71,and above the 52wk median, suggesting an expected daily move of $10.72. Put-call skew flattened, suggesting a modestly bullish tone.
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