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AVGO

Broadcom Inc.Close $414.14EOD only
Max Pain
$420.00
Next expiry May 26, 2026
Expected Move
±$11.88
2.9% from close
Price Gap
+5.86
Distance to max pain
IV Rank
34
Middle-high premium
P/C OI
1.15
Slightly put-heavy
Consensus
7.0/10
Bullish tilt
Published snapshot: May 22, 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
May 22, 2026 close
AVGO AI Consensus Report
Analysis based on market close April 7, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from April 7, 2026. A newer ai consensus report is available for May 22, 2026.

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Conviction
6.5

out of 10

6.5 because structural alignment (GEX pin + concentrated call flow + heavy near-dated premium) gives a clear short-term magnet, but conviction is capped by an imminent earnings/vol event and spot being materially above max pain — a binary earnings move or a quick mean-reversion would overturn the pin despite the positioning.

Where Perspectives Agree

Market is pinned to the $330–335 area with dealer short-gamma and heavy call-biased flow reinforcing an upside-biased magnet; time premium-rich near-dated expiries create an environment where defined-risk, pin-centric trades are advantaged.

Where They Diverge

Earnings/vol regime favors owning volatility around the event (long/straddle structures) while the directional/theta personas favor selling short-dated premium and defined-risk income into the pin — those two prescriptions directly oppose each other because buying vol at the event would punish premium sellers if a gap occurs. Additionally, spot sits above max-pain which the directional view treats as a mild mean-reversion risk, whereas flow/earnings see the call concentration as confirmation of sustained upside — one expects pullback, the other continuation.

Top Trade
via directional

Sell Apr 24 320/305 put spread + Sell Apr 24 345/360 call spread (Iron Condor), collect approx $2.20 credit, defined risk, expires Apr 24.

Key Risk

Sustained close below $312 (the max-pain level) — a daily close under $312 would remove the dealer pin, flip gamma dynamics, trigger stop cascades and accelerate downside toward the next structural support near $295, invalidating the current pin/income thesis.

How to Use These Reports
This ai consensus reflects the market close on April 7, 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.