Broadcom Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Broadcom (NASDAQ:AVGO) has seen significant unusual options activity, with 34 trades identified. 38% of traders were bullish, while 32% were bearish. The trades included 13 puts valued at $1,378,000 and 21 calls valued at $1,771,695. Analysts have given Broadcom an average target price of $1865.0, with ratings ranging from Overweight to Buy.
July 01, 2024 | 1:46 pm
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Broadcom has experienced notable unusual options activity, with a mix of bullish and bearish trades. Analysts have set an average target price of $1865.0, indicating potential upside.
The unusual options activity, with a higher value of calls compared to puts, suggests a bullish sentiment among traders. Additionally, analysts' target prices indicate potential upside for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100