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Mixed options sentiment in Broadcom with shares up 2.72%

Mixed options sentiment in Broadcom (AVGO), with shares up $9.59, or 2.72%, near $361.52. Options volume relatively light with 109k contracts traded and calls leading puts for a put/call ratio of 0.45, compared to a typical level near 0.62. Implied volatility (IV30) dropped 0.58 near 45.44,and below the 52wk median, suggesting an expected daily move of $10.35. Put-call skew flattened, suggesting a modestly bullish tone.

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