Broadcom options trading volume surged, with call options being highly sought after by the market.

Broadcom's stock price rose 3.5% during the day to $328.6. The company's performance in the previous quarter slightly exceeded expectations, with quarterly revenue guidance also surpassing expectations. As of 2pm New York time, the total trading volume of Broadcom options reached 640,526, with 380,556 calls and 259,970 puts traded. The most active call option was the one expiring on March 6 with a strike price of $350.