Whales with a lot of money to spend have taken a noticeably bearish stance onBroadcom.

Looking at options history for Broadcom (NASDAQ:AVGO) we detected 543 trades.

If we consider the specifics of each trade, it is accurate to state that 32% of the investors opened trades with bullish expectations and 47% with bearish.

From the overall spotted trades, 107 are puts, for a total amount of $7,495,927 and 436, calls, for a total amount of $46,586,636.

Expected Price Movements

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $66.0 and $330.0 for Broadcom...