Broadcom Unusual Options Activity For August 09
Portfolio Pulse from Benzinga Insights
Investors have shown unusual options activity for Broadcom (NASDAQ:AVGO) on August 9, with a mix of bullish and bearish sentiments. A total of 49 uncommon options trades were spotted, with significant amounts in both puts and calls. Analysts have given mixed ratings, with price targets ranging from $200 to $2400.
August 09, 2024 | 3:01 pm
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Broadcom (NASDAQ:AVGO) has seen unusual options activity with a mix of bullish and bearish sentiments. Significant trades include 26 puts totaling $9.67M and 23 calls totaling $1.74M. Analysts have mixed ratings with price targets ranging from $200 to $2400.
The unusual options activity indicates significant interest and potential volatility in Broadcom's stock. The mixed sentiments and high trade amounts suggest that investors are anticipating major movements. Analysts' price targets also show a wide range, indicating uncertainty but potential for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100