#Earnings… This is what I wrote on December 2nd on $AVGO’s last earnings:

… this one almost never moves down on earnings. You have to go back to Dec 2010 for its only significant down move, -6.5%.

AVGO moved up 9.5% the next day, so enough said:
Sold to Open AVGO March 4th 125/115 put spreads for 1.00. Last 12 reports, Biggest UP move: 14.7% , Biggest DOWN move: -0.2% , Average move: 6.5% . Short strike is 8.1% OTM.