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A Closer Look at Broadcom's Options Market Dynamics

Benzinga ·  Jul 12 11:46

Financial giants have made a conspicuous bearish move on Broadcom. Our analysis of options history for Broadcom (NASDAQ:AVGO) revealed 67 unusual trades.

Delving into the details, we found 34% of traders were bullish, while 35% showed bearish tendencies. Out of all the trades we spotted, 11 were puts, with a value of $501,745, and 56 were calls, valued at $3,904,400.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $1100.0 to $2500.0 for Broadcom over the recent three months.

Analyzing Volume & Open Interest

Looking at the volume and open interest is an insightful way to...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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