Options Market Statistics: Broadcom Rolls Out VMware Cloud Foundation 9.0 for a Better Private Cloud Experience
$Broadcom(AVGO)$ had active options trading, with a total trading volume of 0.77M options for the day, and the put-call ratio is 0.07.
Broadcom recently launched VMware Cloud Foundation 9.0, a big upgrade to its cloud services. Its stock jumped 28% over the past three months, even though the overall market stayed mostly flat. This shows that investors are excited about Broadcom's new products.
The company also reported strong earnings and teamed up with NVIDIA to boost its AI technology.
There was a noteworthy activity in $Citigroup(C)$ , with $82 calls topping the highest volume to open interest ranking. The highest volume over open interest ratio reaches 196.0x with 39,391 contracts.
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