AVGO

AVGO

Broadcom Inc
Semiconductors
$392.47 -1.10% As of Jul 24, 4:00 AM
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Trade Idea

Strategy
Bull Call
Strikes
$385/390
Expiration
Aug 21
Target ROI
100.0%
Trade Reasoning
The current stock price of AVGO at $386.04 is positioned at the lower strike of our bull call spread, indicating a favorable entry point as it allows for capturing upside potential with limited risk. The absence of identified technical risk factors further strengthens the bullish outlook, making this an optimal environment for profiting from upward movement. The ATM spread structure maximizes our risk/reward profile by offering a high ROI while limiting potential losses, aligning perfectly with Maya's disciplined trade management approach. Maya's edge comes from disciplined trade management—knowing when to exit is just as important as when to enter. Subscribe to get real-time open and close alerts that take the guesswork out of trading.

Technical Analysis

AVGO Volatility Squeeze Intensifies at $392.47

Neutral
Jul 24, 2026 at 4:00 AM $392.47 (-1.10%)

Broadcom Inc (AVGO) slipped 1.10% to $392.47 on July 24.

From a technical standpoint, the outlook appears bullish:

Moving Averages The stock holds above both the 9-day ($386.70) and 21-day ($386.56) EMAs, confirming the uptrend.
Momentum RSI at 51.5 is neutral but improving. MACD is bullish (-1.59 vs signal -3.81).
Volatility A 15-day TTM Squeeze suggests volatility is coiled and a breakout may be imminent.

Support sits at $358.03 with resistance at $404.47.

Volatility Contraction Sets Up AVGO Move Near $392.47

Neutral
Jul 23, 2026 at 9:01 PM $392.47 (-1.10%)

Energy Building: AVGO Consolidates Tightly at $396.81

Neutral
Jul 22, 2026 at 9:00 PM $396.81 (+2.67%)

Squeeze Play: AVGO Preps for Breakout at $386.50

Neutral
Jul 21, 2026 at 9:00 PM $386.50 (+2.21%)

AVGO Coils in TTM Squeeze at $378.16, Breakout Imminent

Neutral
Jul 20, 2026 at 9:00 PM $378.16 (+1.98%)
Systematic technical analysis • Updated daily after market close
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Key Stats

Entry Price $2.50
Max Profit $2.50
Max Loss $2.50
Days to Exp 27
Trade Date Jul 24, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.