| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
High-rolling investors have positioned themselves bullish on Broadcom (NASDAQ:AVGO), and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in AVGO often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 20 options trades for Broadcom. This is not a typical pattern.
The sentiment among these major traders is split, with 45% bullish and 30% bearish. Among all the options we identified, there was one put, amounting to $31,521, and 19 calls, totaling $1,314,967.
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $800.0 to $1850.0 for Broadcom over the recent three months.
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Broadcom's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Broadcom's whale activity within a strike price range from $800.0 to $1850.0 in the last 30 days.
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AVGO | CALL | TRADE | BULLISH | 06/20/25 | $970.0 | $965.0 | $970.0 | $800.00 | $291.0K | 73 | 31 |
| AVGO | CALL | SWEEP | BEARISH | 07/05/24 | $17.9 | $15.0 | $15.24 | $1750.00 | $233.3K | 1.8K | 178 |
| AVGO | CALL | SWEEP | NEUTRAL | 08/16/24 | $101.3 | $99.0 | $101.3 | $1740.00 | $121.5K | 164 | 5 |
| AVGO | CALL | TRADE | BULLISH | 06/20/25 | $971.1 | $960.0 | $969.69 | $800.00 | $96.9K | 73 | 41 |
| AVGO | CALL | TRADE | NEUTRAL | 11/15/24 | $910.5 | $896.8 | $904.3 | $850.00 | $90.4K | 0 | 0 |
Broadcom is the sixth-largest semiconductor company globally and has expanded into various software businesses, with over $30 billion in annual revenue. It sells 17 core semiconductor product lines across wireless, networking, broadband, storage, and industrial markets. It is primarily a fabless designer but holds some manufacturing in-house, like for its best-of-breed FBAR filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments.Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as Brocade, CA Technologies, and Symantec in software.
After a thorough review of the options trading surrounding Broadcom, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $1862.0.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Broadcom, Benzinga Pro gives you real-time options trades alerts.
Posted In: AVGO
