55x on ORCL calls. Trimming and rolling into LITE for the AVGO catalyst.
u/Sea_Glass9294 ·
Reddit — r/options
· June 01, 2026 at 18:54
· ⬆ 15 pts
· 💬 8 comments
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hit 725k nlv today mostly off the back of this ORCL run. my aug '26 300c is up like 5500%.
decided to de-risk a bit. closed out my june 240c to secure profits and rolled some of that capital into LITE (july 900c and 1000c).
the logic here is AVGO earnings. AVGO is basically the bellwether for AI networking and infrastructure right now. if they report strong numbers and raise guidance, the whole optical comms sector is going to rip. i'm building the LITE position early to play the sympathy move before IV gets too inflated closer to the print.
still underwater on my SIVE position but just holding those bags for now.
anyone else looking at the optical space ahead of broadcom? positions in the screenshot.