Significant Tuesday Options Trends: AVGO, VERA, QCOM

Avatar photo

Among the components of the Russell 3000 index, Broadcom Inc (AVGO) stands out with a trading volume of 251,524 options contracts today, equivalent to approximately 25.2 million underlying shares. This volume represents about 97.1% of AVGO’s average daily trading volume over the past month of 25.9 million shares. Notably, the $350 strike call option expiring on September 18, 2026, accounted for 7,711 contracts, or approximately 771,100 underlying shares.

Vera Therapeutics Inc (VERA) also experienced significant options activity, with 16,765 contracts traded today, reflecting around 1.7 million underlying shares, or 86.9% of its monthly average volume of 1.9 million shares. High trading was concentrated in the $35 strike put option expiring on January 15, 2027, which totaled 10,096 contracts, equivalent to approximately 1.0 million underlying shares.

Qualcomm Inc (QCOM) recorded a trading volume of 91,637 contracts thus far, representing about 9.2 million underlying shares, which is 80.8% of its average monthly trading volume of 11.3 million shares. The $200 strike call option expiring on September 18, 2026, particularly attracted attention, with 6,623 contracts traded, amounting to approximately 662,300 underlying shares.

5 Stocks Our Experts Predict Could Double In the Next Year

By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.

The free Daily Market Overview 250k traders and investors are reading

Read Now