Broadcom Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for Broadcom (NASDAQ:AVGO), with a majority of investors taking a bullish stance. The trades range from $370.0 to $940.0 for Broadcom over the last 3 months. The current price of AVGO is up 1.26% at $909.94, and the next earnings are expected in 30 days.
August 04, 2023 | 9:07 am
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Broadcom (NASDAQ:AVGO) has seen unusual options activity, with a majority of investors taking a bullish stance. The trades range from $370.0 to $940.0 for Broadcom over the last 3 months. The current price of AVGO is up 1.26% at $909.94.
The unusual options activity indicates that investors are expecting significant price movement in the stock. The majority of these trades are bullish, indicating that investors expect the price to rise. This could potentially drive the stock price up in the short term. The current price increase of 1.26% also supports this bullish sentiment.
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