$AVGO, the stock of Broadcom Inc., experienced a significant increase of 8.1% on December 16, 2024. Early trading saw the stock rise to $232, with various traders noting a continuation of positive momentum. Some traders highlighted the stock's potential as an 'ultimate earnings drift name' and discussed strategies around call options. The positive sentiment around $AVGO was echoed by multiple users, with one trader mentioning the importance of repeatable trading setups. The overall market activity suggests a strong interest in $AVGO, with traders actively engaging in options trading as part of their strategies.