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 positions 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.
Today, Benzinga’s options scanner spotted 12 options trades for Broadcom.
This isn’t normal.
The overall sentiment of these big-money traders is split between 50% bullish and 16%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $56,000, and 11, calls, for a total amount of $563,089.
Projected Price Targets
After evaluating the trading volumes and Open Interest, it’s evident that the major market movers are focusing on a price band between $182.0 and $220.0 for Broadcom, spanning the last three months.
Volume & Open Interest Trends
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Broadcom’s options for a given strike price. Below, we can observe the evolution of the volume and open interest …
Full story available on Benzinga.com
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 positions 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.
Today, Benzinga’s options scanner spotted 12 options trades for Broadcom.
This isn’t normal.
The overall sentiment of these big-money traders is split between 50% bullish and 16%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $56,000, and 11, calls, for a total amount of $563,089.
Projected Price Targets
After evaluating the trading volumes and Open Interest, it’s evident that the major market movers are focusing on a price band between $182.0 and $220.0 for Broadcom, spanning the last three months.
Volume & Open Interest Trends
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Broadcom’s options for a given strike price. Below, we can observe the evolution of the volume and open interest …
Full story available on Benzinga.com
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 positions 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.
Today, Benzinga’s options scanner spotted 12 options trades for Broadcom.
This isn’t normal.
The overall sentiment of these big-money traders is split between 50% bullish and 16%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $56,000, and 11, calls, for a total amount of $563,089.
Projected Price Targets
After evaluating the trading volumes and Open Interest, it’s evident that the major market movers are focusing on a price band between $182.0 and $220.0 for Broadcom, spanning the last three months.
Volume & Open Interest Trends
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Broadcom’s options for a given strike price. Below, we can observe the evolution of the volume and open interest …Full story available on Benzinga.com Read MoreAVGO, BZI-UOA, Options, Markets, AVGO, SG9999006241, Options, Markets, Benzinga Markets
