Broadcom options trading volume surges, with call options in high demand in the market
Broadcom's stock price rose 3.5% during the day, reaching $328.6. The company's performance last quarter slightly exceeded expectations, and the quarterly revenue guidance also surpassed expectations.
As of 2 PM New York time, the total options trading volume for Broadcom reached 640,526 contracts, with 380,556 contracts for call options and 259,970 contracts for put options. The call options expiring on March 6 with a strike price of $350 were the most active
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