Home Options AVGOReports

AVGO

Broadcom Inc.Close $414.57EOD only

Max Pain

$417.50

Next expiry May 22, 2026

Expected Move

±$8.05

1.9% from close

Price Gap

+2.93

Distance to max pain

IV Rank

Middle-high premium

P/C OI

1.15

Slightly put-heavy

Consensus

8.5/10

Bullish tilt

Published snapshot: May 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

May 21, 2026 close

AVGO Theta Report

Analysis based on market close May 22, 2026

Directional Theta Gang Flow Earnings Consensus

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

Theta Verdict

Confidence:

9 / 10

base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +1 spot 0.2% from MP; +1 VIX 17

IV Environment

IV Regime

High

IV vs VIX

IV 55.2% vs VIX 16.7, >38 pts rich

Favorable?

Yes

Term structure: Upward sloping to 14DTE then easing; 0DTE low due expiry

📊IV 55.2% vs VIX 16.7, rich premium

📌Dealer gamma +$11.5M, pinning support

Pin Risk Assessment

Spot vs MP: At

GEX regime: Pinning ($+11.5M)

Gamma flip: ~$300.00 — Approx — based on put OI concentration of 14,607 (27.6% below spot)

OI concentrations: Put floor $220-$300, call wall $435-$500, max pain $415

Verdict: Elevated pin risk near max pain; high put OI

Premium Opportunities

Iron condor

Sell 2026-06-12 $400.00/$390.00 put wing and $430.00/$435.00 call wing

Sells put wing 400/390 and call wing 430/435, capturing premium with defined risk.

Credit: $4.61-$5.64

Max loss: $4.36

BE: 394.36 / 435.64

Mgmt: Close at 50% max gain or near expiration; stop if spot breaches guardrails.

Risk Alerts

!High IV may be event-driven

!0DTE pin risk today

!Mixed dealer flow

How to Use These Reports

This theta reflects the market close on May 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.