What the Options Market Tells Us About Broadcom
Portfolio Pulse from Benzinga Insights
High-rolling investors have shown significant bullish activity in Broadcom (NASDAQ:AVGO) options, with 19 calls and 1 put identified. The price target for AVGO ranges from $800 to $1850. Analysts have mixed ratings, with price targets ranging from $1500 to $2150.
July 05, 2024 | 3:02 pm
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High-rolling investors have shown significant bullish activity in Broadcom (NASDAQ:AVGO) options, with 19 calls and 1 put identified. The price target for AVGO ranges from $800 to $1850. Analysts have mixed ratings, with price targets ranging from $1500 to $2150.
The significant bullish options activity, with 19 calls and only 1 put, indicates strong investor confidence in Broadcom's short-term performance. Additionally, the mixed but generally high analyst price targets suggest potential upward movement in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100