Moderately bullish activity in Broadcom (AVGO), with shares up $3.65, or 1.11%, near $333.56. Options volume relatively light with 222k contracts traded and calls leading puts for a put/call ratio of 0.52, compared to a typical level near 0.64. Implied volatility (IV30) is higher by 0.7 points near 41.99,and below the 52wk median, suggesting an expected daily move of $8.82. Put-call skew flattened, suggesting a modestly bullish tone.
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