Options trading for Broadcom (AVGO, Financial) is experiencing significant movement, with approximately 48,000 contracts exchanged. Call options are currently more popular than puts, resulting in a put/call ratio of 0.7, slightly below the usual level of 0.77.
Implied volatility (IV30) has increased by 0.65 points to reach 50.73, placing it in the top 25% of readings. This suggests that the market anticipates a daily price fluctuation of about $7.31. Additionally, the put-call skew has…
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