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AVGO

Broadcom Inc.Close $392.16EOD only
Max Pain
$407.50
Next expiry Jun 10, 2026
Expected Move
±$9.90
2.5% from close
Price Gap
+15.34
Distance to max pain
IV Rank
41
Middle-high premium
P/C OI
1.13
Slightly put-heavy
Consensus
5.0/10
Range bias
Published snapshot: Jun 9, 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
Jun 9, 2026 close
AVGO Theta Report
Analysis based on market close June 9, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Theta Verdict

Attractiveness4 / 10
Sizing: Conservative
Primary: Short premium
Invalidation: Spot breaches $364 support or VIX >23
Confidence:
4 / 10
base 5; -1 GEX/flow contradict; -0.5 spot 3.8% from MP; +0.5 VIX 20

IV Environment

IV Regime
High
IV vs VIX
60% avg IV vs VIX 20%: extreme premium
Favorable?
Yes

Term structure: Flat to slightly elevated near term; steep put skew on 6/18

⚠️IV very high; premium attractive but risky due to high volatility regime
📊Term structure flat; short-term IV elevated

Pin Risk Assessment

Spot vs MP: Below

GEX regime: Trending ($-6.4M)

Gamma flip: ~$330.00 — Approx — based on put OI concentration of 15,244 (15.9% below spot)

OI concentrations: Call wall $430-$500; Put floor $220-$330; Max pain pins $408-$415

Verdict: Pin risk moderate near $408-$415; price below max pain may drift higher

Premium Opportunities

#1
Put credit spread
Sell 2026-07-02 $380.00/$375.00 put spread
Sell 380/375 put spread, collect 1.71, max loss 3.29.
Credit: $1.40-$1.71
Max loss: $3.29
BE: $378.29
Mgmt: Exit if spot breaks 364 or VIX >23.
#2
Short strangle
Sell 2026-07-02 $380.00 put + sell $415.00 call
Sell 380 put and 415 call for 25.66 credit, unlimited risk.
Credit: $20.99-$25.66
Max loss: Unlimited
BE: 354.34 / 440.66
Mgmt: Monitor gamma; adjust if spot approaches boundaries.
#3
Call diagonal
Sell 2026-07-02 $415.00 call / buy 2026-08-21 $410.00 call
Sell front-month 415 call, buy back-month 410 call, net long vega.
Debit: $15.28-$18.67
Max loss: $18.67
BE: Path-dependent
Mgmt: Close if spot nears 415 or IV expands.

Risk Alerts

!Negative dealer gamma ($-6.4M) increases volatility risk
!Spot 3.8% below max pain; potential upside reversion
!Elevated put OI below spot provides support but also pin risk
How to Use These Reports
This theta reflects the market close on June 9, 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.