Options contracts tied to Broadcom Inc. (NASDAQ: AVGO) suggest the stock may move about 7.3% when the company releases earnings on Sept. 2 after the market close, according to options data compiled by Bloomberg.
That implied percentage comes from current pricing in the options market and is commonly used by traders to estimate the market's expectation for how much a stock might swing around a corporate event. For Broadcom, historical outcomes around earnings have varied: the company's actual share-price change surpassed these options-implied expectations in three of the last eight reported quarters, and fell short in the remaining five.
Three specific past earnings reactions where Broadcom exceeded the options-implied move are:
- Sept. 4, 2025 - shares moved 11.5% versus an implied move of 6.9%.
- Dec. 12, 2024 - the stock jumped 31.8% against an implied move of 6.1%.
- Sept. 5, 2024 - shares fell 13.4% versus an implied move of 7.8%.
By contrast, some more recent quarters produced smaller actual moves than options had suggested. Most notably, when Broadcom reported on June 3, the stock declined 0.7% despite options indicating a potential 7.5% move. On March 4, shares rose 2.2% while options implied an 8.1% move.
These mixed outcomes underscore that the options-implied percentage represents the market's expectation priced into options contracts, but actual post-earnings reactions can diverge considerably in either direction. Traders and market participants watching Broadcom ahead of the Sept. 2 release will likely consider both the options-derived expectation and the company's recent pattern of variable earnings-day volatility.
Observers attentive to semiconductor-sector earnings, equity volatility, and option market signals may view the upcoming Broadcom release as another data point in assessing how implied moves match actual price changes around major corporate announcements.
Contextual note - The options-implied move figure cited above is drawn from options data compiled by Bloomberg. The historical quarter-by-quarter moves and their corresponding implied moves are presented exactly as recorded for the referenced reporting dates.