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Broadcom (BRCM) – Earnings Preview; Volatility Pattern and Straddle Sale

BRCM has followed a consistent pattern for seven out of the last eight earnings starting with the 10-21-2008 cycle and ending with the last earnings cycle on 4-27-2010. Specifically, a straddle sale at the close on the day of earnings and a purchase back the day after was a winner seven times.

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http://www.cabot.net/editors/jacob-mintz/analysts-center/options-market-update-2-22-16

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