Broadcom (AVGO) Earnings: $7.3 Million Stock Options Trade

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We analyze a $7.3 million trade on Broadcom (AVGO) before earnings is reported in a few days to find out if this wealthy investor is bullish and buying AVGO, or bearish and selling ahead of earnings.
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I am a bit confused. Should not there be fewer open interests than volume if someone sells to close the position?

daniels
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$240 &270 strike calls are bullish since price is way under that now

patientlywaitingforjesusb
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So was this 7.3M bett bullish or bearish?

josephidem
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Is this guy betting Avgo higher or to the moon after earning? Or he thinks Avgo earning will be good

yeejohtay
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Can we get some Puts? I don't think I've seen any recommended Puts in a long time. I'm currently Bearish on the market, so Puts would line up well for me. I just don't trust the current President's policies right now. I see the market continuing to drop.

aperez
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