Options Corner: Why Broadcom's Pullback Statistically Favors A Defined-Risk Call Spread - Broadcom (NASDAQ:AVGO)
Without question, artificial intelligence has sparked a paradigm shift in the business ecosystem, driving additional relevance for semiconductor specialists like Broadcom Inc (NASDAQ:AVGO) . However, it's also fair to point out that investors demonstrated signs of fatigue or at least rising concerns tied to excess valuations. In the trailing month, AVGO stock incurred a loss of roughly 10%. Still, the extended bearish pressure could offer a contrarian opportunity.Although Broadcom consistently brings home t ...