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AVGO

Broadcom Inc.Close $402.17EOD only
Max Pain
$385.00
Next expiry Apr 22, 2026
Expected Move
±$8.82
2.2% from close
Price Gap
-17.17
Distance to max pain
IV Rank
24
Low premium
P/C OI
1.19
Slightly put-heavy
Consensus
6.0/10
Consensus signal
Published snapshot: Apr 21, 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 21, 2026 close
AVGO AI Consensus Report
Analysis based on market close April 22, 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 structural dealer gamma and buy-side flow align, but the upcoming event/IV reprice and concentrated OI exposures create a tangible single-event failure mode that keeps conviction from being higher.

Where Perspectives Agree

Net bullish pin into mid-June — dealer gamma positioning and buy-side accumulation support a higher drift with localized pinning around the max-pain band.

Where They Diverge

Earnings/event sensitivity creates a binary that can invert the bullish pin if IV term-structure re-prices higher pre-event, and flow signals of concentrated OI in puts would accelerate a downside unwind — these two outcomes directly undermine one another (one expects continuation, the other expects event-driven repricing/unwind).

Top Trade
via theta

Sell Jun 18 $420/$390 put spread for credit (defined-risk income).

Key Risk

Break and close below $390 flips dealer gamma exposure from supportive to neutral/short, triggering rapid downside cascade toward ~$370 gap-fill and invalidating the pin thesis.

How to Use These Reports
This ai consensus reflects the market close on April 22, 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.