I’ve got some great news to share with you today.
It’s split madness! By now you know that NVDA just had their 10-for-1 split.
Well, now Broadcom (AVGO) just announced they’re going to execute a 10-for-1 stock split.
This is an exciting opportunity that you’re going to want to pay attention to, especially if you’ve been following along with my covered calls tutorials or other income-generating strategies.
As we discussed before the NVDA split:
A stock split like this reduces the price per share, making it more accessible to a broader range of investors.
For those of us using strategies like buying the stock and selling covered calls, this split is a goldmine.
But don’t make the mistake most traders do, which is focusing on the stock price.
The reduced share price means options will also be cheaper, providing more opportunities to generate income.
So, keep an eye on AVGO. Once the split happens, you’ll be able to play both the stock and the options with even more flexibility.
The potential for high option premiums post-split makes this a must-watch for any serious investor.
Trade well,
Jack Carter
P.S. If you want to see first hand how my students and I played the NVDA split, check this out.
