It's Now Much Cheaper and Easier to Trade Options in Broadcom Stock (AVGO)

Shorting puts and calls in Broadcom Inc (AVGO) stock is much cheaper now that the 10-for-1 stock split has occurred, making the AVGO stock price 1/10th its prior price. As a result, it's easier to short OTM puts and calls.

AVGO stock is trading today for $171.81 per share. I discussed how options will be easier to execute in my July 7 Barchart article, “Broadcom Looks Cheap Ahead of Its July 15 Stock Split - Shorting AVGO Puts Is a Good Play.”