$AVGO Straddle 241220 180.0C/180.0P$ Closed AVGO straddle for 20 Dec contract with 162% gain. So the 3 different contract experiment posted shows that higher gain for shorter expiration but comes with higher risk too. The time and strike to enter them are equally important for the final results. Keen to join me for the next earnings play? See you soon at https://discord.gg/yFt4ZnFV
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Great job! I never expected AVGO's market cap to be so large, let alone see such a significant price increase
Shorter expirations have less time value but are more volatile, while longer expirations offer greater margin for error.