Smart Money Is Betting Big On Broadcom (NASDAQ: AVGO) Options

Financial powerhouses are making significant bullish moves regarding Broadcom. Our examination of the options history for Broadcom (AVGO) uncovered 30 unusual trades, revealing a keen interest from large traders in the company's future performance.

Upon a detailed analysis, we discovered that about 50% of traders showcased a bullish sentiment, while 36% leaned towards bearish outlooks. Of the trades analyzed, only 6 represented puts, aggregating to a total value of $281,980, whereas the bigger portion of 24 trades were calls, collectively valued at $2,099,110.

Expected Price Movements

Based on the volume and open interest associated with these contracts, it appears that major investors, often referred to as "whales," have been targeting a price corridor for Broadcom ranging from $110.00 to $370.00 over the past three months. This focus suggests varying outlooks on the company's stock value in the near term.

Analyzing Volume & Open Interest

In the context of today's trading activity, the average open interest for Broadcom options stands at 2,743.88, with the total volume hitting 9,772.00. A chart accompanying this data outlines the trends in both call and put option volumes and open interests for significant trades within the strike price range of $110.00 to $370.00, reflecting the last 30 days of trading.

Broadcom Call and Put Volume: 30-Day Overview

The recent evaluations reveal notable trends in trading activities for Broadcom.

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
AVGO	CALL	SWEEP	BEARISH	03/28/25	$8.0	$8.0	$8.0	$195.00	$401.7K	1.0K	1.0K
AVGO	CALL	SWEEP	BEARISH	03/28/25	$8.2	$8.0	$8.01	$195.00	$401.2K	1.0K	566
AVGO	CALL	TRADE	BEARISH	03/21/25	$16.25	$15.5	$15.6	$182.00	$273.0K	1.3K	0
AVGO	CALL	TRADE	BULLISH	03/28/25	$12.15	$11.7	$14.65	$185.00	$161.1K	1.1K	110
AVGO	PUT	TRADE	BULLISH	05/16/25	$8.7	$8.6	$8.6	$180.00	$110.9K	5.6K	265

About Broadcom

Broadcom stands as the sixth-largest semiconductor firm globally, branching out into numerous software sectors while generating over $30 billion in annual revenue. The company deals with 17 essential semiconductor product lines spanning wireless, networking, broadband, storage, and industrial arenas. Primarily functioning as a fabless designer, it does conduct some manufacturing in-house for high-quality products, such as FBAR filters used in the Apple iPhone. On the software side, Broadcom offers virtualization, infrastructure, and security software to large enterprises, financial institutions, and governmental bodies. The firm is a result of significant consolidation, incorporating businesses such as the original Broadcom and Avago Technologies in the chip domain, alongside Brocade, CA Technologies, and Symantec in the software sector.

After analyzing the options activities for Broadcom, we turn our attention to the company's current market status.

Broadcom's Current Market Status

• Currently, AVGO is priced at $193.90, reflecting an increase of 1.33% with a trading volume of 5,366,446.
• Relative Strength Index (RSI) indicators suggest that the stock may be nearing an oversold position.
• The upcoming earnings report is anticipated to be released in 89 days.

What Analysts Say About Broadcom

In the previous month, five analysts released ratings on Broadcom, arriving at an average target price of $270.40.

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A seasoned options trader with two decades of experience has shared a compelling technique that reveals the optimal timing for buying and selling. Following his trades has led to an average profit of 27% every 20 days. Click here for access. * An analyst from Mizuho retains an Outperform rating for Broadcom, setting a price target of $250. * Consistently, an analyst from Morgan Stanley keeps an Overweight rating with a target price of $260. * An analyst from Keybanc also maintains an Overweight rating targeting $275. * Truist Securities stands strong with a Buy rating for Broadcom, setting the target at $267. * Conversely, Cantor Fitzgerald has adjusted its rating to Overweight with a revised target price of $300.

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Broadcom, Options, Traders