Broadcom closed at USD 357.90, rising 0.21%.

Broadcom attracted notable options activity as traders positioned for extended upside. A standout long-dated call purchase targeting the $440 strike dominated the large-trade flow, reflecting bullish conviction. With implied volatility percentile near historic lows, premiums appear cheap for buyers seeking multi-year exposure. The overall flow leaned heavily toward calls, with a call/put volume ratio of 2.37, indicating constructive sentiment and willingness to pay for future appreciation rather than short-term hedging.

>>>Start OPTIONS trading & earn up to SGD 200 in rewards!

Options Indicators

AVGO’s implied volatility is 38.54%, and with an IV percentile of just 1.19%, current option volatility is sitting at the very low end of its historical range. Combined with an IV/HV ratio of 1.09, this suggests implied volatility is only slightly above realized volatility, and overall option pricing appears relatively cheap rather than elevated.

The Call/Put volume ratio is 2.37.

Large Trades

A call buy worth $228,500.00 targeted the 440.00 strike expiring on 2026-10-16, making it the standout large trade in AVGO’s displayed flow. With the stock reference at 357.90, this call was out-of-the-money, so the buyer was positioning for upside through a higher-conviction directional bet rather than intrinsic-value exposure. The long-dated tenor suggests the trader was seeking extended time for a bullish scenario to develop, consistent with a view that AVGO could rally materially above current levels over the coming year.

Overall, the large-trade picture is bullish. The dominant flow was a sizable out-of-the-money call purchase with long-dated maturity, which points to upside speculation and willingness to pay premium for future appreciation, while the only opposing put activity was comparatively very small and did not materially offset that signal. Taken together, the bulk-order activity indicates investors are leaning constructively on AVGO and are using options to express a positive directional view.

Strategy Reference

For traders seeking income with low assignment probability, an out-of-the-money put sell such as the 300.00 strike expiring in 30–45 days could leverage the ultra-low IV percentile; alternatively, a bullish call spread like buying the 400.00 call and selling the 460.00 call with matching long-dated tenor reduces upfront premium and margin burden while maintaining upside exposure.