Currently, the options trading volume for Broadcom (AVGO, Financial) stands at around 123,000 contracts, aligning closely with the usual activity levels. The call options are outpacing the puts, resulting in a put/call ratio of 0.58, which is lower than the typical figure of about 0.79. Meanwhile, the implied volatility (IV30) has decreased slightly to 49.95, which remains above the median and points to an anticipated daily price change of $7.18.
The observed increase in put-call skew signals…