Home Options AVGOReports

AVGO

Broadcom Inc.Close $378.91EOD only

Max Pain

$395.00

Next expiry Jun 26, 2026

Expected Move

±$8.57

2.3% from close

Price Gap

+16.09

Distance to max pain

IV Rank

Low premium

P/C OI

1.09

Balanced positioning

Consensus

7.0/10

Bullish tilt

Published snapshot: Jun 25, 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 25, 2026 close

AVGO Theta Report

Analysis based on market close June 26, 2026

Directional Theta Gang Flow Earnings Consensus

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

Theta Verdict

Confidence:

6 / 10

base 5; +2 GEX/flow strongly aligned; -1 spot 6.4% from MP; +0.5 VIX 18; override: High IV and short gamma increase risk, reducing confidence slightly despite elevated premiums.

IV Environment

IV Regime

High

IV vs VIX

Avg IV 58.9% vs VIX 18.4, elevated 3.2x.

Favorable?

Yes

Term structure: Steep contango after front month; 0dte extreme call skew (111% vs put 80%) indicating upside pin demand.

📈0dte call IV 111% vs put 80% – heavy call buying, possible upside push to max pain $390.

⚠️Dealers short gamma ($-55.5M) – moves may accelerate.

Pin Risk Assessment

Spot vs MP: Below

GEX regime: Trending ($-55.5M)

Gamma flip: ~$330.00 — Approx — based on put OI concentration of 16,586 (9.6% below spot)

OI concentrations: Put OI 16,586 (9.6% below spot) forms support; call wall $400-$500.

Verdict: High pin risk on expiration day: spot $365 6.4% below max pain $390; likely drift higher.

Premium Opportunities

Put credit spread

Sell 2026-08-21 $350.00/$340.00 put spread

Sell $350/$340 put spread to collect premium with 6.4% downside buffer.

Credit: $3.35-$4.10

Max loss: $5.90

BE: $345.90

Mgmt: Close at 50% profit or at expiration before pin risks.

Cash-secured put

Sell 2026-08-21 $350.00 cash-secured put

Sell $350 put to collect $21+ premium, secured by cash.

Credit: $17.28-$21.12

Max loss: $328.88

BE: $328.88

Mgmt: Roll if tested or close early to avoid assignment.

Risk Alerts

!Max pain pin risk on expiration – spot likely to move toward $390.

!Short gamma dealer positioning may amplify intraday swings.

!Extreme 0dte call skew – potential squeeze if spot rises above $375.

How to Use These Reports

This theta reflects the market close on June 26, 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.