Significant Thursday Options Movement: AVGO, MRNA, IBM

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Broadcom Inc (AVGO) experienced significant trading activity today, with a total of 357,843 contracts exchanged, equivalent to approximately 35.8 million underlying shares. This represents 97.2% of AVGO’s average daily volume over the past month, which stands at 36.8 million shares. Notably, the $335 strike call option expiring December 19, 2025, saw a particularly high volume of 23,223 contracts traded, indicating interest in future performance.

Moderna Inc (MRNA) also reported robust trading, with 83,430 contracts traded, representing around 8.3 million underlying shares, or 83.1% of its average daily volume of 10 million shares. The $32 strike call option, expiring December 19, 2025, recorded a high volume of 17,666 contracts.

In the case of International Business Machines Corp (IBM), the options trading volume reached 24,275 contracts, accounting for approximately 2.4 million underlying shares, or 69.3% of its average daily volume of 3.5 million shares. A notable 5,440 contracts of the $295 strike put option, expiring February 20, 2026, were traded, representing about 544,000 underlying shares.

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