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AVGO at 482.80
Daily chart looks like there a set up for a move towards 500 level. I’m going to pick up a 20pt wide call debit spread, partially financed by a short 10pt wide call credit spread. This makes it a call butterfly with no risk on the upside.
Risk: 6.00
Reward: 4.00-14.00
POP: 45%Chart:
Risk Profile:
Order Ticket:
AVGO at 500
I’m going to take this trade off for a profit and look for the next set up.
Risk Profile:
Order Ticket:
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