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Looking At Broadcom's Recent Unusual Options Activity - Broadcom (NASDAQ: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]
Spotlight on Broadcom: Analyzing the Surge in Options Activity - Broadcom (NASDAQ:AVGO)
Benzinga· 2025-09-19 16:02
Group 1: Market Sentiment and Trading Activity - Financial giants have shown a bullish sentiment towards Broadcom, with 42% of traders being bullish and 41% bearish in the options market [1] - A total of 77 unusual trades were identified, with 23 puts valued at $1,572,963 and 54 calls valued at $7,754,507 [1] - Major market movers are focusing on a price band between $70.0 and $530.0 for Broadcom over the last three months [2] Group 2: Options Volume and Open Interest - Insights into volume and open interest indicate significant liquidity and interest levels for Broadcom's options at various strike prices [3] - A snapshot of trends in volume and open interest for calls and puts has been provided, covering a strike price range of $70.0 to $530.0 over the past month [3] 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 businesses, providing virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments [10] - Broadcom is a product of consolidation, comprising former companies like legacy Broadcom, Avago Technologies, Brocade, CA Technologies, and Symantec [10] Group 4: Analyst Ratings and Price Targets - In the last month, five analysts provided ratings for Broadcom, with an average target price of $363.4 [11] - Keybanc maintains an Overweight rating with a target price of $400, while UBS, Argus Research, Mizuho, and Evercore ISI Group have target prices ranging from $342 to $375 [12] Group 5: Current Market Status - Broadcom's stock price is currently at $343.8, reflecting a decrease of -0.45% with a trading volume of 12,563,120 [15] - RSI indicators suggest that the stock may be approaching overbought conditions [15] - The next earnings report is expected in 83 days [15]