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Barchart
Barchart
Mark R. Hake, CFA

Huge, Unusual Call Option Activity in Broadcom Shows Investors Bullish on AVGO Stock

Unusually large call option activity in Broadcom, Inc. (AVGO) today suggests investors are bullish. No wonder, as AVGO is at a 6-month low. A Barchart article today shows how AVGO is deeply undervalued.

AVGO is up over 2.5% in midday trading at $329.92. AVGO hit a 6-month low of $321.68 on Friday, Oct. 23. It peaked at $422.65 on April 22 and is now down $92.73, off -21.9%.

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