Pre-earnings options volume in Broadcom (AVGO) is 1.5x normal with calls leading puts 2:1. Implied volatility suggests the market is anticipating a move near 6.7%, or $11.98, after results are released. Median move over the past eight quarters is 5.6%.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AVGO:
- Options Volatility and Implied Earnings Moves Today, December 12, 2024
- S&P 500 Rockets Higher on November Inflation Data
- Broadcom Stock Soars on Report Its Helping Apple Develop an AI Chip
- Early notable gainers among liquid option names on December 11th
- Apple, Broadcom working on AI chip, The Information reports