thetaOwl
HomeOptionsAVGOReports

AVGO

Broadcom Inc.Close $385.73EOD only
Max Pain
$420.00
Next expiry Jun 8, 2026
Expected Move
±$16.58
4.3% from close
Price Gap
+34.27
Distance to max pain
IV Rank
74
High premium
P/C OI
1.02
Balanced positioning
Consensus
6.0/10
Bearish tilt
Published snapshot: Jun 5, 2026 close
End-of-day snapshot

This page reflects AVGO options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Jun 5, 2026 close
AVGO Earnings Report
Analysis based on market close June 8, 2026
DirectionalTheta GangFlowEarningsConsensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

Earnings Verdict

AVGO earnings 87 days away; 100% beat rate (5/5). Spot ~$385, heavy 0DTE call volume suggests near-term bullish bias; term structure steep. Long duration limits immediate earnings risk.

Confidence:
4.5 / 10
base 5; -1 GEX/flow contradict; +0.5 VIX 19
Most important: 100% historical beat rate and aggressive near-term call flow signal bullish tilt, but event is distant.
📈100% Beat Rate: 5/5 quarters beat estimates, strong execution.
🔥0DTE Call Frenzy: 20k+ volume on $400 strike with 10x OI, aggressive bullish.
⚠️Oct $190 Put: Large volume with 61% IV, potential hedge or bearish bet.

Regime Classification

Vol Regime
High
Gamma Regime
Trending
Flow Regime
Bullish
Spot vs MP
Below
Gamma flip: ~$330.00 — Approx — based on put OI concentration of 14,657 (16.8% below spot)

Earnings Overview

Next earnings: 2026-09-03 (87 days)explicit

Expected moves:

  • 2026-06-10 (2d): ±$12.88 (3.2%)
  • 2026-06-12 (4d): ±$18.75 (4.7%)
  • 2026-06-15 (7d): ±$21.17 (5.3%)

IV Setup

Term structure: Front low (6-21%), back high (46%+ 2DTE, 61% Oct) – steep upward slope due to earnings uncertainty.

Crush estimate: No immediate crush; event IV likely high near date, crush significant post-earnings.

Skew: Put skew elevated for Oct (61% IV); call skew low but heavy volume at low IV suggests bullish positioning.

Historical Context

Beat rate: 100% (5/5 quarters)

Avg move vs expected: Not available; beat rate 100% implies frequent upside surprises.

Directional bias: Bullish bias from 100% beat rate and call-heavy flow.

Key Levels

1$330.00 gamma flip
2EM guardrails: 2d $383.73/$409.48; 1w $375.43/$417.78
3Max pain pins: $408 (2026-06-08); $420 (2026-06-10); $415 (2026-06-12)

Flow Highlights

Heavy 0DTE call volume on $395-$407.5 strikes with vol/oi >10x.

Aggressive bullish bets ahead of weekly expiry, may push price upward.

Large Oct $190 put with 18.3x vol/oi ratio.

Long-term downside hedge or bearish speculation; caps upside risk.

Strategies

Risk Assessment

!Spot below max pain ($408) for 0DTE may encourage pinning near lower strikes.
!High call OI could trigger gamma squeeze if price breaks $400.
!Long-dated put signals downside protection, limiting rally potential.

What to Watch

?Spot price relative to $400 and $410 resistance levels.
?IV contraction after 0DTE expiry; next week's expected move ±$18.75.
?Earnings far out so focus on near-term technicals and flow changes.
How to Use These Reports
This earnings reflects the market close on June 8, 2026.
What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.