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AVGO

Broadcom Inc.Close $365.02EOD only
Max Pain
$375.00
Next expiry Jun 29, 2026
Expected Move
±$9.53
2.6% from close
Price Gap
+9.98
Distance to max pain
IV Rank
16
Low premium
P/C OI
1.07
Balanced positioning
Consensus
6.0/10
Consensus signal
Published snapshot: Jun 26, 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 26, 2026 close
AVGO Theta Report
Analysis based on market close June 29, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Theta Verdict

Attractiveness6 / 10
Sizing: Moderate
Primary: Short Call Spread
Invalidation: Spot above $384.50 or below $360.40
Confidence:
6 / 10
base 5; -1 GEX/flow contradict; +1 spot 0.0% from MP; +1 VIX 18

IV Environment

IV Regime
High
IV vs VIX
AVGO IV 56% vs VIX 18, significant premium.
Favorable?
Yes

Term structure: Term structure flat to slightly contango, dip at 7-day.

📈IV elevated above VIX, favorable for premium selling.
⚠️Negative dealer gamma -$17.5M amplifies risk.

Pin Risk Assessment

Spot vs MP: At

GEX regime: Trending ($-17.5M)

Gamma flip: ~$330.00 — Approx — based on put OI concentration of 16,647 (11.4% below spot)

OI concentrations: Put floor $250-$330, call wall $400-$500; max pain $372, $390, $385.

Verdict: Spot at $372 max pain, call resistance heavy, pin risk moderate.

Premium Opportunities

#1
Put credit spread
Sell 2026-07-24 $360.00/$350.00 put spread
Sell 2026-07-24 $360/$350 put spread to collect premium with defined risk, capitalizing on elevated IV and call resistance above $400.
Credit: $3.06-$3.74
Max loss: $6.26
BE: $356.26
Mgmt: Exit if spot breaches $360; monitor negative dealer gamma (-$17.5M) and VIX compression.

Risk Alerts

!Negative dealer gamma -$17.5M increases vol risk.
!High IV may compress if VIX drops from 18.
!Spot near max pain but call OI wall at $400+.
How to Use These Reports
This theta reflects the market close on June 29, 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.