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AVGO

Broadcom Inc.Close $378.91EOD only
Max Pain
$395.00
Next expiry Jun 26, 2026
Expected Move
±$8.57
2.3% from close
Price Gap
+16.09
Distance to max pain
IV Rank
11
Low premium
P/C OI
1.09
Balanced positioning
Consensus
7.0/10
Bullish tilt
Published snapshot: Jun 25, 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 25, 2026 close
AVGO Earnings Report
Analysis based on market close June 26, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

AVGO 69d from earnings; 100% beat rate; near-term options show directional speculation.

Confidence:
6.5 / 10
base 5; +2 GEX/flow strongly aligned; -1 spot 6.4% from MP; +0.5 VIX 18
Most important: Earnings far, but short-dated options active; gamma flip at 330.
🔶100% beat rate but far from earnings – near-term noise dominates.
⚠️Short-dated OTM call buying may indicate hedging, not directional.

Regime Classification

Vol Regime
High
Gamma Regime
Trending
Flow Regime
Mixed
Spot vs MP
Below
Gamma flip: ~$330.00 — Approx — based on put OI concentration of 16,586 (9.6% below spot)

Earnings Overview

Next earnings: 2026-09-03 (69 days)explicit

Expected moves:

  • 2026-06-29 (3d): ±$9.53 (2.6%)
  • 2026-07-01 (5d): ±$7.97 (2.2%)
  • 2026-07-02 (6d): ±$18.47 (5.1%)

IV Setup

Term structure: Irregular; peak at 6d (5.1% move), lower 3d (2.6%) and 5d (2.2%).

Crush estimate: No immediate crush; earnings 69d away; theta decay dominates.

Skew: Put skew elevated below 330; gamma flip zone.

Historical Context

Beat rate: 100% (5/5 quarters)

Avg move vs expected: Not provided

Directional bias: Historical 100% beat rate bullish, but earnings far off.

Key Levels

1$330.00 gamma flip
2EM guardrails: 2d $355.49/$374.54; 1w $357.04/$372.99
3Max pain pins: $390 (2026-06-26); $375 (2026-06-29); $395 (2026-07-01)

Flow Highlights

Massive OTM call buying on 6/26 exp (370-377.5 strikes, vol/oi 15-24x).

Speculative/hedging; low premium suggests optionality.

Heavy put accumulation at 330 (6/29, 7/2) and 250 (7/31).

Downside protection; key support at 330.

Strategies

Call Calendar
Sell 2026-07-10 $370.00 call / buy 2026-08-21 $370.00 call
Debit: $12.82-$15.67
Max loss: $15.67
Max gain: Variable
BE: Path-dependent
Trigger: Close if spot breaches 360 or IV flattens.
Exploits irregular IV term structure; no earnings crush risk; theta decay.
Outperforms: Sell near-term call, buy longer-term; benefits from elevated near-term IV.
Underperforms: Loss of support or adverse vol term shift weakens thesis.
Short Strangle
Sell 2026-07-10 $360.00 put + sell $390.00 call
Credit: $14.36-$17.55
Max loss: Unlimited
Max gain: $17.55
BE: 342.45 / 407.55
Trigger: Adjust if spot nears 360 or 390.
Sells premium with support/resistance bounds; but gamma flip risk.
Outperforms: Sell OTM put and call near support/resistance.
Underperforms: Break outside short strikes invalidates short-vol thesis.
Bull call spread
Buy 2026-09-18 $360.00/$390.00 call spread
Debit: $11.41-$13.94
Max loss: $13.94
Max gain: $16.06
BE: $373.94
Earnings 69d out but historical beat rate supports upside; 360-390 spread captures potential move.
Outperforms: Bullish earnings play on AVGO 100% beat rate; expiration aligned with earnings date 69d out.
Underperforms: Loss of support weakens upside continuation thesis.

Risk Assessment

!Gap risk if negative catalyst.
!330 gamma flip acts as magnet.
!Low liquidity in deep OTM options.

What to Watch

?Spot reaction to support 360/resistance 390.
?Volume in 7/2 exp (6d) with largest expected move.
?Put activity at 330 floor.
How to Use These Reports
This earnings reflects the market close on June 26, 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.