$Broadcom(AVGO)$ AVGO is an extremely volatile stock with growing fundamentals within a strong secular trend, which make it the perfect candidate to trade it/make money out of its volatility.
I was reading some times ago, how implied volatility was overstated 80% of the time. Having a statistical edge and a positively skewed risk-reward ratio ( aka being overpaid for the risk I’m taking) makes it easier for me to handle market volatility.
For instance, I’ve been milking my position for quite some time, taking advantage of market momentum and exuberance to opportunistically sell either CC or puts. I usually don’t sell to buy back on dips as the risk of being on the sideline for too long is too great given my age. I prefer to stay invested as much as possible - thanks
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