Understanding the Recent Options Activity for Broadcom (NASDAQ:AVGO)

Broadcom has recently attracted attention for its notable options activity. This activity indicates that significant players in the financial market are making distinct moves regarding Broadcom's stock. Our examination of the options history for Broadcom revealed a total of 106 unusual trades.

Upon analyzing these trades, we observed that 34% of traders leaned towards a bullish outlook, while 39% exhibited a bearish sentiment. Among the trades, there were 19 put options valued at approximately $869,924 and 87 call options that totaled around $7,758,753.

Projected Price Targets

Evaluating the volume and open interest of these options suggests that major investors are focusing on a price range for Broadcom between $62.00 and $370.00 over the past quarter. This broad range illustrates the varying expectations investors have about the stock's future performance.

Volume and Open Interest Insights

The current state of liquidity and interest in Broadcom's options is notable. The average open interest today stands at 2,808.76, accompanied by a total trading volume of 57,117.00. This data reflects how actively investors are participating in Broadcom's options market.

In the accompanying chart, a historical view of both call and put options activity illustrates how volume and open interest have fluctuated in the past 30 days within the strike price range of $62.00 to $370.00 for Broadcom.

Key Options Trades Identified

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
AVGO	CALL	TRADE	BEARISH	03/21/25	$85.75	$84.55	$85.00	$150.00	$1.7M	17.3K	200
AVGO	CALL	TRADE	BULLISH	04/17/25	$82.50	$82.15	$82.50	$155.00	$412.5K	333	50
AVGO	CALL	TRADE	BULLISH	01/17/25	$105.25	$105.25	$105.25	$128.00	$315.7K	3.7K	50
AVGO	CALL	TRADE	BEARISH	01/16/26	$9.00	$8.65	$8.75	$370.00	$175.0K	1.6K	277
AVGO	CALL	SWEEP	BULLISH	03/21/25	$17.15	$17.05	$17.15	$240.00	$173.2K	5.7K	1.1K

About Broadcom

Broadcom is recognized as the sixth-largest semiconductor company worldwide and has diversified into various software sectors. With annual revenues exceeding $30 billion, it offers 17 primary semiconductor product lines across wireless communications, networking, broadband, storage, and industrial markets. Primarily a fabless designer, Broadcom maintains some in-house manufacturing for specialized products, such as FBAR filters utilized in Apple iPhones. Broadcom's software offerings include virtualization, infrastructure, and security solutions targeted at large enterprises, banks, and governments. The company’s structure is a result of consolidations involving many former companies, including the original Broadcom and Avago Technologies in the semiconductor domain, as well as Brocade, CA Technologies, and Symantec in software development.

Current Market Position of Broadcom

• The latest trading volume for AVGO reached 15,987,167, with the stock price climbing 0.63% to $233.45.
• Indicators such as the Relative Strength Index (RSI) suggest that the stock may be nearing overbought territory.
• Upcoming earnings announcements are anticipated in 62 days.

Analyst Ratings for Broadcom

In the last month, five professional analysts have assessed Broadcom's stock, setting an average price target of $241.00. Notably:

• A Morgan Stanley analyst maintains an Overweight rating with a target price of $265.
• Susquehanna's analyst holds a Positive rating with a target of $225.
• B of A Securities continues with a Buy rating, aiming for a price of $250.
• Baird has an Outperform rating with a $210 target price.
• Benchmark has lowered its rating to Buy with a revised target of $255.

Engaging in options trading comes with inherent risks but also offers opportunities for higher returns. Experienced traders often manage these risks through education, strategic adjustments, diverse indicators, and keeping an eye on the market. To stay informed about the latest options transactions for Broadcom, utilizing resources for real-time alerts can be beneficial.

options, trading, market