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AVGO

Broadcom Inc.Close $328.75EOD only
Max Pain
$347.50
Next expiry Oct 19, 2026
Expected Move
±$7.29
2.2% from close
Price Gap
+18.75
Distance to max pain
IV Rank
35
Middle-high premium
P/C OI
0.95
Balanced positioning
Consensus
6.0/10
Consensus signal
Published snapshot: Oct 16, 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
Oct 16, 2026 close
AVGO Theta Report
Analysis based on market close June 5, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from June 5, 2026. A newer theta report is available for June 29, 2026.

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Theta Verdict

Attractiveness6.5 / 10
Sizing: Moderate
Primary: Short Put Spread
Invalidation: AVGO closes below $354 support
Confidence:
6.5 / 10
base 5; +2 GEX/flow strongly aligned; -1 spot 9.2% from MP; +0.5 VIX 22

IV Environment

IV Regime
High
IV vs VIX
IV 67.6% vs VIX 21.5: significantly elevated, favorable for sellers.
Favorable?
Yes

Term structure: Steep contango from 0DTE (16%) to 3-day (51%), then flattening; extreme front-month skew.

📊IV vs VIX ratio >3x, rich premium.
⚠️0DTE skew extreme: call IV 147% vs put 88%.

Pin Risk Assessment

Spot vs MP: Below

GEX regime: Trending ($-92.5M)

Gamma flip: ~$300.00 — Approx — based on put OI concentration of 13,900 (22.2% below spot)

OI concentrations: Max pain pin: $425 (0DTE), $420 next; call wall $500-$550; put floor $220-$330. Put OI 13,900 below spot.

Verdict: Moderate pin risk; spot below max pain may drift higher.

Premium Opportunities

#1
Put credit spread
Sell 2026-08-21 $370.00/$340.00 put spread
Sell 370/340 put spread for defined risk premium.
Credit: $10.28-$12.57
Max loss: $17.43
BE: $357.43
Mgmt: Roll up if spot rises; exit at 50% profit.
#2
Cash-secured put
Sell 2026-08-21 $360.00 cash-secured put
Sell 360 put to collect premium; may buy shares.
Credit: $19.15-$23.40
Max loss: $336.60
BE: $336.60
Mgmt: Close or roll if spot approaches strike.

Risk Alerts

!Spot 9.2% below max pain; potential upward drift.
!Large negative GEX ($-92.5M) indicates dealer short gamma.
!0DTE expiration amplifies volatility.
How to Use These Reports
This theta reflects the market close on June 5, 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.