AVGO Options Signal $360 Bullish Battle: How to Play the AI Semiconductor Giant’s Breakout

• 46 of 48 analysts rate AVGO a 'Buy', with a median price target of $456.
• Institutional investors added 90,054 shares in Q4 2025, while insiders sold $284M.
• Options data shows heavy call open interest at $360–$410, with a put/call ratio of 1.09 (slightly bearish bias).

Here’s the takeaway: Broadcom’s options market is locked in a tug-of-war between bulls eyeing a $360 breakout and bears hedging downside risks. With AI infrastructure demand surging and technicals aligned for a rally, today’s $357.74 price action feels like a setup for a breakout—or a trap. Let’s break it down.

The $360–$320 Options Showdown: What’s the Play?

Options traders are stacking up for a fight. This Friday’s call open interest peaks at $360 (OI: 15,332) and $400 (OI: 15,160), while puts pile up at $310 (OI: 18,182) and $250 (OI: 16,668). The put/call ratio of 1.09 hints at cautious positioning—investors aren’t fully committed to either side.

But here’s the twist: The AVGO20260213P350 block trade (buying 200 puts at $350 strike, expiring Feb 13) suggests big players are hedging against a pullback. That’s a red flag for short-term volatility. If AVGO cracks its 30D support at $348.63, those puts could trigger a cascade. Conversely, breaking above the $360 call wall might force covering buying, fueling a rally.

News That Could Tip the Scales

Broadcom’s story isn’t just numbers—it’s about AI’s next frontier. Analysts love its custom ASICs for hyperscalers, and the $1.95 EPS beat (beating estimates) proves execution is solid. But here’s the catch: Insider selling ($284M in 90 days) and Securian’s 7.6% AVGO stake reduction add friction.

The key question: Will the market treat this as a “buy the rumor, sell the news” play or a long-term AI infrastructure play? Right now, options data leans toward the latter—call buying at $360+ suggests conviction in the $456 price target.

Your Playbook: Calls, Puts, and Precision Entries

For options traders, the most actionable setups are:

• AVGO20260116C360 (this Friday’s $360 call): With OI at 15,332, this strike is a magnet for momentum plays. If AVGO closes above $359.49 (intraday high), this call could see explosive volume.
• AVGO20260123C380 (next Friday’s $380 call): A longer-term bet for those betting on the $456 price target.
• AVGO20260116P320 (this Friday’s $320 put): For hedgers or bears, but only if AVGO drops below $348.63 support.

For stock traders, here’s the plan:

• Bullish entry: Buy AVGO near $348.63–$350.37 (30D support zone). Target $360 first, then $365 (Bollinger Upper Band at $360.32).
• Bearish exit: If AVGO fails to hold $344.19 (middle Bollinger Band), consider shorting near $338.30 (200D support).

Volatility on the Horizon: Positioning for AVGO’s AI-Driven Ascent

Broadcom’s options and fundamentals are painting a clear picture: The AI semiconductor boom is here, and AVGO is a key player. But volatility is inevitable. The $360 level isn’t just a number—it’s a psychological battleground.

Your move? Stack the odds in your favor by buying calls at $360–$380 for the breakout or puts at $320 for downside protection. Either way, stay nimble. This stock isn’t going to trade in a straight line, but the destination—$456—looks increasingly plausible.