Broadcom (AVGO) pulled back a bit so I bought another Call. The stock is doing a 10:1 split on July 15th. I would like to grab a grand or 2 out of this position before the split. If not, I’ll hold it through the split and end up with 10 contracts. I bought 1 AVGO 7/26/24 1760 Call for a premium of $102.
Buy to Open 1 AVGO 7/26/24 $1760.00 C @ $102.00
Successful trading,
Steve
The Options Coach
Are you planning to keep this call? I know AVGO went further down tosay
Yes Krish, the stock went down further than I thought it would, but I do plan on keeping this position until after the split.
Thank for reading,
Steve