Looking At Broadcom's Recent Unusual Options Activity - Broadcom (NASDAQ:AVGO)
BroadcomBroadcom(US:AVGO) Benzinga·2025-10-13 16:00

Group 1: Investor Sentiment and Options Activity - Deep-pocketed investors are adopting a bullish approach towards Broadcom, indicating potential significant developments ahead [1] - Benzinga's options scanner highlighted 168 extraordinary options activities for Broadcom, with 43% of investors leaning bullish and 37% bearish [2] - The notable options include 40 puts totaling $8,617,097 and 128 calls amounting to $10,878,406 [2] Group 2: Price Targets and Trading Volume - Significant investors are targeting a price range for Broadcom between $100.0 and $530.0 over the past three months [3] - Analyzing volume and open interest provides insights into liquidity and investor interest in Broadcom's options, particularly within the $100.0 to $530.0 strike price range over the last 30 days [4] Group 3: Company Overview - Broadcom is the sixth-largest semiconductor company globally, generating over $30 billion in annual revenue and offering 17 core semiconductor product lines [10] - The company has expanded into software, providing virtualization, infrastructure, and security solutions to large enterprises, financial institutions, and governments [10] - Broadcom's current market status includes an average target price of $420.0 from two experts, with one maintaining an Overweight rating and another downgrading to Outperform [11][12] Group 4: Current Stock Performance - Broadcom's stock is currently trading at $354.28, reflecting a 9.13% increase, with a trading volume of 25,009,033 [14] - RSI readings suggest that the stock may be approaching overbought conditions [14]