Author notes AVGO has not dropped post-earnings two times in a row and is trading "really low" with low expectations. A beat with a solid earnings call could produce a post-earnings upward move, creating a short-term long opportunity. Speculative long AVGO into the earnings event based on momentum and low expectations. Past post-earnings patterns do not guarantee future results; guidance/earnings call tone could disappoint; options premium and volatility crush can hurt leveraged bets.
Author notes AVGO has not dropped post-earnings two times in a row and is trading "really low" with low expectations. A beat with a solid earnings call could produce a post-earnings upward move, creating a short-term long opportunity. Speculative long AVGO into the earnings event based on momentum and low expectations. Past post-earnings patterns do not guarantee future results; guidance/earnings call tone could disappoint; options premium and volatility crush can hurt leveraged bets.