ON Semiconductor and Block Inc See Active Options Trading
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3 days ago
0mins
Source: NASDAQ.COM
- ON Semiconductor Options Volume: ON Semiconductor saw options trading volume of 56,438 contracts, equating to approximately 5.6 million shares, which represents about 47.4% of its average daily trading volume of 11.9 million shares over the past month, indicating heightened market interest in its stock performance.
- High Volume Put Option: The $90 strike put option expiring on August 21, 2026, has seen 3,169 contracts traded today, representing around 316,900 underlying shares, suggesting that investors are anticipating a potential decline in the stock price.
- Block Inc Options Activity: Block Inc experienced options trading volume of 26,042 contracts, translating to approximately 2.6 million shares, or about 43.2% of its average daily trading volume of 6.0 million shares over the past month, reflecting active trading interest among investors.
- High Volume Call Option: The $77 strike call option expiring on July 2, 2026, has recorded 2,737 contracts traded today, involving approximately 273,700 underlying shares, indicating a bullish sentiment among investors regarding the stock's future price movement.
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Analyst Views on AVGO
Wall Street analysts forecast AVGO stock price to rise
30 Analyst Rating
29 Buy
1 Hold
0 Sell
Strong Buy
Current: 365.020
Low
370.00
Averages
457.75
High
525.00
Current: 365.020
Low
370.00
Averages
457.75
High
525.00
About AVGO
Broadcom Inc. is a global technology firm that designs, develops, and supplies a range of semiconductors, enterprise software and security solutions. The Company operates through two segments: semiconductor solutions and infrastructure software. Its semiconductor solutions segment includes all of its product lines and intellectual property (IP) licensing. It provides a variety of radio frequency semiconductor devices, wireless connectivity solutions, custom touch controllers, and inductive charging solutions for mobile applications. Its infrastructure software segment includes its private and hybrid cloud, application development and delivery, software-defined edge, application networking and security, mainframe, distributed and cybersecurity solutions, and its FC SAN business. It provides a portfolio of software solutions that enable customers to plan, develop, automate, manage and secure applications across mainframe, distributed, mobile and cloud platforms.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Future Growth Potential: Despite a high valuation of 65 times sales, analysts expect significant revenue growth in 2027 and 2028; if Cerebras achieves $7.4 billion in revenue by 2028, its market cap could rise to $111 billion, suggesting a potential upside of 175%.
See More
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- Revenue Growth Expectations: Despite a 92% year-over-year revenue increase to $191.3 million in Q1, Cerebras anticipates current quarter revenue of $194 million, an 88% year-over-year rise, but its full-year guidance of $860 million fell short of market expectations, leading to a stock decline.
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See More
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