Broadcom Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A whale has taken a bearish stance on Broadcom (NASDAQ:AVGO), with 75% of detected unusual options trades being bearish. The total trade price for puts is $271,705, and for calls, it is $1,203,112. Whales have targeted a price range of $240 to $1120 for Broadcom over the last 3 months.
May 31, 2023 | 1:47 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Broadcom experiences unusual options activity with a bearish stance, as 75% of detected trades are bearish. Whales target a price range of $240 to $1120.
The article highlights a significant bearish stance on Broadcom, with 75% of the unusual options trades being bearish. This indicates that the majority of investors are expecting the stock price to go down in the short term. Additionally, the targeted price range of $240 to $1120 suggests a wide range of potential outcomes, which could lead to increased volatility.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100