‘Buy’ Trend for AVGO Accelerates

November 20th, 2023 ‘Buy’ Trend for AVGO Accelerates Today I am going to walk you through a great potential trade. Not only will we look at which ticker is setting up, I will layout the amazing indicator that helped me spot this one and many others. In this example chart of Broadcom Inc. (AVGO), the 10-Month Simple Moving Average is showing us what we need to know. It is a very powerful tool for spotting a significant trend in a stock. With that info, we can build a trade that fits right into our trading plan. Grab AVGO On This Move The signal that we spotted is where AVGO’s 1-month price crosses the 10-Month Simple Moving Average. This shows strong upside momentum that is still in play. To get more details on the 10-Month Simple Moving Average click [here](. Up, Down, or Flat – This Trade Can Still Profit We have used the Hughes Optioneering Calculator to look at the potential returns for a Call Option Spread. It figures out the profit/loss for this type of trade based on a 7.5% increase to a 7.5% decrease in underlying asset price at option expiration. For this option spread, the calculator analysis below reveals the cost of the spread is $630 (circled). The maximum risk for an option spread is the cost of the spread. (When you are a member, this amazing tool even includes the option strike prices) Interested in accessing the Optioneering Calculators? Join one of Chuck’s Trading Services for unlimited access! The Optioneering Team has option calculators for six different option strategies that allow you to calculate the profit potential for an option trade before you take the trade. Can Profit If AVGO Moves in Any Direction The analysis reveals that if AVGO is flat or up at all at expiration the spread will realize a 58.7% return (circled). And if AVGO decreases 7.5% at option expiration, the option spread would make a 52.1% return (circled). Due to option pricing characteristics, this option spread has a ‘built in’ 58.7% profit potential when the trade was initiated*. Option spread trades can result in a higher percentage of winning trades compared to a directional option trade if you can profit when the underlying stock/ETF is up, down or flat. A higher percentage of winning trades can give you the discipline needed to become a successful trader. The Hughes Optioneering Team is here to help you identify winning trades just like this one. Short-Term Program from Chuck! Chuck Hughes has just launched his exciting new trading service program, Lightning Trade Alerts. This new service focuses on low-cost & short-term options trade. Members will receive hand-picked options trades from the 10-Time Trading Champion, Chuck Hughes. Call our team at 1-866-661-5664 or 1-310-647-5664 to join or [CLICK HERE]( to schedule a call! Wishing You the Best in Investing Success, Chuck Hughes Editor, Trade of the Day Have any questions? Email us at [dailytrade@chuckstod.com]( *Trading incurs risk and some people lose money trading.  --------------------------------------------------------------- See Related Articles [STX: Gaining Significant Momentum]( [Bullish Pattern Detected for FTI]( [DELL’s Clear Bull Trend: Buy Now?]( --------------------------------------------------------------- [TradeWins Logo]  © 2023 Tradewins Publishing. All rights reserved. | [Privacy Policy]( | [Terms and Conditions]( | [Contact Us]( If you didn't create an account using this email address, please ignore this email or unsubscribe using the link below. To ensure delivery of this email to your inbox and to enable images to load in future mailings, please add todaystrade@chuckstod.com to your e-mail address book or safe senders list. DISCLAIMER: Auto-trading, or any broker or advisor-directed type of trading, is not supported or endorsed by Legacy Publishing LLC. For additional information on auto-trading, you may visit the SEC's website: All About Auto-Trading. The information provided by the Legacy Publishing LLC (“Legacy”) Trading Services, newsletters and educational publications (“Services”) is not customized or personalized to any particular risk profile or tolerance. Nor is the information published by Legacy a customized or personalized recommendation to buy, sell, hold, or invest in particular financial products. Past performance is not necessarily indicative of future results. Please note that results may not be typical and can vary from person to person. There are inherent risks involved with investing in the stock and options market, including the loss of your investment. Any investment is at your own risk. You should only trade or invest your "risk capital" – money you can afford to lose. This email was sent to {EMAIL} by todaystrade@chuckstod.com TradeWins Publishing Corp.528 North Country Rd.St. James, NY 11780 [1-Click Unsubscribe]( | [Edit Profile]( | [Manage Subscriptions]( | [Report Spam](