Looking At Broadcom's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Broadcom (NASDAQ:AVGO) as indicated by unusual options activity. The sentiment among these big-money traders is split evenly between bullish and bearish. The targeted price range for Broadcom over the last 3 months has been from $500.0 to $880.0. The current price of AVGO is down -0.84% at $834.16.
October 31, 2023 | 2:17 pm
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Unusual options activity indicates a significant bullish stance on Broadcom. The sentiment is split evenly between bullish and bearish. The targeted price range for Broadcom over the last 3 months has been from $500.0 to $880.0.
The unusual options activity indicates that there is significant interest in Broadcom's stock. This could potentially drive the price up in the short term. However, the sentiment is split evenly between bullish and bearish, indicating uncertainty in the market. The targeted price range suggests that investors are expecting the price to fluctuate between $500.0 and $880.0.
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