From Nasdaq: 2024-05-17 11:16:29

Investors with significant funds show bullish sentiment towards Broadcom (AVGO). Major trades spotted through Benzinga’s options scanner with 44% bullish and 31% bearish sentiment. Uncommon options trades include 10 puts totaling $419,750 and 37 calls totaling $1,639,617. Monitoring price movements between $720.0 and $1600.0 for potential insight.

Assessment of volume and open interest in Broadcom options reveals strategic data important for trading decisions. Data visualization tracks liquidity and investor interest in options at various strike prices. Noteworthy trades detected include bullish, bearish, and neutral sentiments with varying expiration dates and trade amounts from $74.0K to $110.0K.

Broadcom, a leading global semiconductor company with over $30 billion in annual revenue, offers various product lines. Recent market status shows a trading volume of 474,153 with the stock down -0.73% at $1401.79. Analysts predict an average target price of $1550.00. Jefferies analyst revises rating to Buy with a $1550 price target.

Trading options entails risks and potential profits. It is essential to stay informed with real-time alerts on Broadcom’s options trades through Benzinga Pro. Stay educated, adjust strategies, use indicators, and follow market trends for successful trading.9855 characters

Read more at NASDAQ.: Looking At Broadcom’s Recent Unusual Options Activity