This is a news story, published by Investor's Business Daily, that relates primarily to AVGO news.
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bull put spreadInvestor's Business Daily
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59% Informative
Broadcom ( AVGO ) is breaking out after recent support at its 200-day line and a move above its 21- and 50-day lines.
Traders with the mindset that Broadcom stock will stay above 155 for the next few weeks could look at a bull-put-spread trade.
A bull put spread has two components: a short put that brings in premium and a long put with a lower strike price.
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English
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2
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