01 — AVGO · COVERED CALLS

Best AVGO covered calls setups.

Pick how long you want to wait and how much risk you'll take. We score every live strike across the next 3 expirations and surface the top setups — updated hourly.

Mega-cap chips-and-software name with options flow tied to AI custom-silicon and VMware integration.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD
Broadcom
Semiconductors / Software
AVGO
$326.08-7.2% / 30d
IV rank (1y)
31.9% · moderate
Next earnings
Dec 9
Market cap
$1.56T
P/E (fwd)
16.8
Dividend
$2.60 · Sep 21
Option vol
35K /day

02 — Live setups

Suggested strikes

Choose your time horizon and risk band. Every match is scored on return, premium, and probability of profit.

Days to expiration
Probability of profit
Sort by
Top pick
$340 call · Nov 27
27 DAYS · 4.3% OTM · SELL TO OPEN
Credit
$955
Return
2.93%
PoP
61%
StrikeExpirationCreditReturn ↓PoP
$345
5.8% OTM
Dec 4
34 days
$845
$8.45 / share
2.59%63%
$345
5.8% OTM
Nov 27
27 days
$800
$8.00 / share
2.45%66%
$350
7.3% OTM
Dec 4
34 days
$770
$7.70 / share
2.36%68%
$350
7.3% OTM
Nov 27
27 days
$642
$6.42 / share
1.97%70%
$355
8.9% OTM
Dec 4
34 days
$616
$6.16 / share
1.89%73%
$355
8.9% OTM
Nov 27
27 days
$510
$5.10 / share
1.56%75%
7 of 7 matchesCustomize filters →

03 — Strategy

Covered Calls, plainly explained

Neutral-to-mildly bullish traders focused on steady premium collection.

P&L at expiration · $340 call · 27 DTE

$0+$2,347losses$316.53 BREAKEVEN$340 STRIKE

Key numbers

Premium collected+$955
Max profit+$2,347
Breakeven$316.53
Capped above$340
Probability of profit61%
Days to expiration27

When this trade makes sense

Use when

  • ✓You already own 100+ shares of the stock
  • ✓You'd be fine selling at the strike price
  • ✓You think the stock goes flat or slightly up
  • ✓IV rank is elevated — premiums are rich

Avoid when

  • ✕You think the stock is about to rip higher
  • ✕You're attached to the shares (tax, conviction)
  • ✕Earnings are inside the expiration window
  • ✕Premiums are unusually low — nothing to collect
Read the full covered calls guide →

05 — RUN IT LIVE

See the highest chance of profit on AVGO.

Alpha Hawk scans live chains and recommends setups based on current market conditions.

Analyze AVGO free →