Unpacking the Latest Options Trading Trends in Broadcom
Portfolio Pulse from Benzinga Insights
Recent options trading trends in Broadcom (NASDAQ:AVGO) show a bullish sentiment with 80 unusual trades, 64 of which were calls valued at $5.2 million. Analysts have mixed ratings, with price targets ranging from $180 to $240. Broadcom's stock is currently trading at $176, with a slight increase of 0.27%.
September 26, 2024 | 4:31 pm
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Broadcom's options trading shows a bullish trend with 64 call trades valued at $5.2 million. Analysts have mixed ratings, with price targets ranging from $180 to $240. The stock is currently trading at $176, up by 0.27%.
The significant number of call options and their high value indicate a bullish sentiment among traders. Analysts' price targets suggest potential upside, supporting a positive short-term outlook for Broadcom's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100