Looking At Broadcom's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Broadcom (NASDAQ:AVGO) has seen significant unusual options activity, with a majority of trades being bullish. The analysis reveals a focus on a price range between $50.0 and $235.0. Broadcom's stock is up 2.12%, with an upcoming earnings report in 7 days.
August 29, 2024 | 4:31 pm
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Broadcom has experienced unusual options activity, with 65 trades, 47% bullish. The stock price is up 2.12%, and the next earnings report is in 7 days. This suggests positive sentiment and potential short-term price increase.
The majority of options trades are bullish, indicating positive market sentiment. The stock's recent price increase and upcoming earnings report suggest potential for further short-term gains.
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