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AVGO

Broadcom Inc.Close $406.54EOD only
Max Pain
$372.50
Next expiry Apr 20, 2026
Expected Move
±$21.47
5.3% from close
Price Gap
-34.04
Distance to max pain
IV Rank
100
High premium
P/C OI
1.13
Slightly put-heavy
Consensus
6.5/10
Consensus signal
Published snapshot: Apr 17, 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
Apr 17, 2026 close
AVGO AI Consensus Report
Analysis based on market close April 20, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
6.0

out of 10

Score 6 because dealer gamma and visible buying favor a reversion into the $385–$400 band (supports the thesis), but imminent earnings and mixed institutional flow create binary and directional risks that can quickly invalidate the pin — preventing higher conviction.

Where Perspectives Agree

Market consensus: pin toward the $385–$400 max-pain band over the next week with dealer gamma dampening intraday moves and creating a high-probability reversion into that range.

Where They Diverge

Earnings term-structure and theta both push for premium compression (pre-earnings sell and post-event IV collapse) which undermines a multi-week directional breakout thesis; separately, flow shows pockets of institutional accumulation that imply continuation above $400 — that continuation view directly conflicts with the earnings-driven fade expectation.

Top Trade
via theta

Sell 2026-06-18 $400/$420 call spread for ~$2.20 credit (defined-risk theta play capitalizing on pin and high near-term IV).

Key Risk

A decisive break below $368 on heavy volume (macro shock or broad tech sell-off) flips dealer gamma exposure from pinning to runaway selling and accelerates downside toward $350, invalidating the reversion-to-mp thesis.

How to Use These Reports
This ai consensus reflects the market close on April 20, 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.