Financial giants have made a conspicuous bearish move on Broadcom. Our analysis of options history for Broadcom (NASDAQ:AVGO) revealed 44 unusual trades.

Delving into the details, we found 34% of traders were bullish, while 45% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $145,211, and 40 were calls, valued at $3,126,540.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $24.0 to $275.0 for Broadcom over the recent three months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for Broadcom...