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AVGO

Broadcom Inc.Close $382.07EOD only
Max Pain
$395.00
Next expiry Jun 15, 2026
Expected Move
±$10.12
2.6% from close
Price Gap
+12.93
Distance to max pain
IV Rank
46
Middle-high premium
P/C OI
1.08
Balanced positioning
Consensus
5.0/10
Bullish tilt
Published snapshot: Jun 12, 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 12, 2026 close
AVGO Theta Report
Analysis based on market close June 12, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Theta Verdict

Attractiveness6 / 10
Sizing: Moderate
Primary: Short put credit spreads
Invalidation: Break below support $353 or above resistance $390
Confidence:
5 / 10
base 5; -1 GEX/flow contradict; +1 VIX 18

IV Environment

IV Regime
High
IV vs VIX
IV 60% vs VIX 18, rich premium
Favorable?
Yes

Term structure: Flat to slight contango from 3DTE, no steep skew

📊IV 60% vs VIX 18, elevated premium
📈Flat term structure, no contango advantage
⚠️Negative gamma -$7.6M, risky for sellers

Pin Risk Assessment

Spot vs MP: Below

GEX regime: Trending ($-7.6M)

Gamma flip: ~$330.00 — Approx — based on put OI concentration of 15,622 (13.6% below spot)

OI concentrations: Max pain $390-400; call wall $410-500, put floor $220-330

Verdict: Spot ~$361 below max pain, pin risk near $390-400; gamma flip at $330

Premium Opportunities

#1
Put credit spread
Sell 2026-08-21 $340.00/$310.00 put spread
Sell $340 put, buy $310 put; max loss $22.55, max gain $7.45.
Credit: $6.10-$7.45
Max loss: $22.55
BE: $332.55
Mgmt: Exit if spot closes below $353 invalidation.
#2
Short strangle
Sell 2026-08-21 $310.00 put + sell $500.00 call
Sell $310 put and $500 call; unlimited risk but high theta decay.
Credit: $10.76-$13.15
Max loss: Unlimited
BE: 296.85 / 513.15
Mgmt: Monitor delta; hedge or close on IV compression.

Risk Alerts

!Negative gamma increases hedging risk
!Spot below max pain, potential upward drift
!High IV may compress if volatility eases
How to Use These Reports
This theta reflects the market close on June 12, 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.