Broadcom call volume above normal and directionally bullish
Bullish option flow detected in Broadcom with 92,050 calls trading, 3x expected, and implied vol increasing over 1 point to 50.93%. 7/8 weekly 385 calls and 7/8 weekly 390 calls are the most active options, with total volume in those strikes near 19,100 contracts. The Put/Call Ratio is 0.32. Earnings are expected on September 3rd.
Bullish option flow detected in Broadcom with 92,050 calls trading, 3x expected, and implied vol increasing over 1 point to 50.93%.
7/8 weekly 385 calls and 7/8 weekly 390 calls are the most active options, with total volume in those strikes near 19,100 contracts.
The Put/Call Ratio is 0.32.
Earnings are expected on September 3rd.