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Broadcom Unusual Options Activity

Benzinga ·  Jul 1 21:46

Financial giants have made a conspicuous bullish move on Broadcom. Our analysis of options history for Broadcom (NASDAQ:AVGO) revealed 34 unusual trades.

Delving into the details, we found 38% of traders were bullish, while 32% showed bearish tendencies. Out of all the trades we spotted, 13 were puts, with a value of $1,378,000, and 21 were calls, valued at $1,771,695.

What's The Price Target?

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $760.0 and $2100.0 for Broadcom, spanning the last three months.

Volume & Open Interest Trends

Looking at the volume and open...

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