Total AssetsSaid to stop the operation, but still couldn't resist taking 10% of the profits earned from the $Oracle(ORCL.US) put today to buy a few $Broadcom(AVGO.US) expiration puts. Even if I lose, I still have 90% of the profits left. I'm not a firm bear, and I believe the AI era will bring a new revolution.
But currently, the valuation of $Broadcom(AVGO.US) is too high, rising to over 400 this year. It would take an exceptionally good earnings report and a big story to sustain it from falling, especially with the current panic spreading. I don’t quite believe this earnings report and next quarter’s expectations will be good enough to offset the market’s panic over the AI bubble, so I went for puts.
Fortunately, the expectations matched my thoughts. (No one can always win. Remind myself to control the position size. Gambling on expiration puts like this—I can’t win every time.)
$Oracle(ORCL.US) can't keep winning all the time
The put options I bought yesterday were settled today
Then I can't gamble on Broadcom$Broadcom(AVGO.US) anymore
After all, no one can be lucky forever
Take a break
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
