"Broadcom (AVGO) is diversifying away from hardware to also include key tech services. That’s why they are acquiring VMware. Broadcom is very strong in networking & server and storage connectivity. The AVGO stock is cheap in the technology space," says Chuck Lieberman. Other semiconductor stocks include AMD Inc. (AMD), Intel (INTC), and Nvidia (NVDA). Next, Tom White discusses an example put vertical option trade on Broadcom (AVGO) with a neutral to bullish direction. White also discusses an example covered call option trade on Simon Property Group (SPG) with a neutral to bullish direction.