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AVGO

Broadcom Inc.Close $332.13EOD only
Max Pain
$330.00
Next expiry Nov 4, 2026
Expected Move
±$9.85
3.0% from close
Price Gap
-2.13
Distance to max pain
IV Rank
21
Low premium
P/C OI
1.05
Balanced positioning
Consensus
6.0/10
Consensus signal
Published snapshot: Nov 3, 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
Nov 3, 2026 close
AVGO Theta Report
Analysis based on market close June 16, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from June 16, 2026. A newer theta report is available for June 29, 2026.

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Theta Verdict

Attractiveness4 / 10
Sizing: Moderate
Primary: Premium selling
Invalidation: Spot breaks below $351.98 support or above $395 resistance
Confidence:
4.5 / 10
base 5; -1 GEX/flow contradict; -0.5 spot 4.6% from MP; +1 VIX 16

IV Environment

IV Regime
High
IV vs VIX
IV 56.6% vs VIX 16.4% — significantly elevated
Favorable?
Yes

Term structure: Near-term skew elevated; 2d IV spike to 47.4%

⚠️Negative GEX -$14.8M signals dealer hedging risk for shorts
📈IV >45% across tenors supports premium collection

Pin Risk Assessment

Spot vs MP: Below

GEX regime: Trending ($-14.8M)

Gamma flip: ~$330.00 — Approx — based on put OI concentration of 16,472 (12.4% below spot)

OI concentrations: Max pain: $395 (Jun 17), $370 (Jun 18), $382 (Jun 22); call wall $410-$500, put floor $220-$330

Verdict: Elevated pin risk near expiry due to concentrated OI and negative gamma

Premium Opportunities

#1
Put credit spread
Sell 2026-07-17 $350.00/$330.00 put spread
Sell 350/330 put spread to capture elevated premium with limited loss.
Credit: $3.85-$4.70
Max loss: $15.30
BE: $345.30
Mgmt: Close at 50% max profit or at 21 DTE; adjust if spot nears short strike.
#2
Iron condor
Sell 2026-07-17 $340.00/$320.00 put wing and $430.00/$460.00 call wing
Iron condor with wide wings for high probability profit.
Credit: $5.28-$6.46
Max loss: $23.54
BE: 333.54 / 436.46
Mgmt: Exit at 50% max profit or at 21 DTE; widen wings if IV expands.

Risk Alerts

!Spot below max pain $395; potential drift toward pin
!Negative dealer gamma may amplify intraday moves
!High IV skew risky for naked positions; consider defined-risk spreads
How to Use These Reports
This theta reflects the market close on June 16, 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.