Investors with a lot of money to spend have taken a bullish stance on Broadcom (NASDAQ:AVGO).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don’t know. But when something this big happens with AVGO, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga‘s options scanner spotted 47 uncommon options trades for Broadcom.
This isn’t normal.
The overall sentiment of these big-money traders is split between 44% bullish and 31%, bearish.
Out of all of the special options we uncovered, 10 are puts, for a total amount of $419,750, and 37 are calls, for a total amount of $1,639,617.
Expected Price Movements
After evaluating the trading volumes and Open Interest, it’s evident that the major market movers are focusing on a price band between $720.0 and $1600.0 for Broadcom, spanning the last three months.
Insights into Volume & Open Interest
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Broadcom’s options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Broadcom’s substantial trades, within a strike price spectrum from $720.0 to $1600.0 over the preceding 30 days.
Broadcom Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| 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 | $282.4 | $260.0 | $275.0 | $1320.00 | $110.0K | 18 | 0 |
| AVGO | CALL | SWEEP | BULLISH | 05/17/24 | $151.5 | $146.0 | $151.5 | $1250.00 | $90.9K | 207 | 7 |
| AVGO | CALL | SWEEP | NEUTRAL | 09/20/24 | $299.8 | $292.8 | $296.23 | $1150.00 | $88.8K | 25 | 3 |
| AVGO | PUT | TRADE | BEARISH | 05/24/24 | $7.5 | $7.0 | $7.5 | $1350.00 | $74.2K | 414 | 1 |
| AVGO | CALL | TRADE | BEARISH | 06/20/25 | $378.0 | $370.0 | $370.0 | $1160.00 | $74.0K | 11 | 2 |
About Broadcom
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,…
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