Broadcom(US:AVGO) Schaeffers Investment Researchยท2025-10-13 19:16Core Insights - Broadcom Inc (NASDAQ:AVGO) has officially partnered with OpenAI to co-develop custom AI processors and 10 gigawatts of AI accelerators, marking a significant collaboration after 18 months of working together [1] Stock Performance - AVGO's stock increased by 9.6%, trading at $355.81, approaching its record high of $374.23 from September 11 [2] - The stock has shown a year-to-date increase of 53% [2] - The 14-day relative strength index (RSI) is at 26.9, indicating that the stock is in "oversold" territory, which often precedes a short-term bounce [2] Options Activity - There has been a notable increase in options trading, with 330,000 calls and 187,000 puts exchanged, which is double the typical volume [4] - The October 400 call option is the most popular, with new positions being opened [4] - Broadcom's Schaeffer's Volatility Index (SVI) is at 50%, ranking in the low 9th percentile of its annual range, suggesting that options traders are anticipating low volatility [4]