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ORCL announced earnings today, and it’s been one of the primary focal points of the current market. Market participants want to know if there’s more to the AI theme, or if things could possibly be cooling off. Henry used three different butterflies to trade the binary event and while he doesn’t know where we’ll open tomorrow, he knows you can use these same concepts to set up an earnings trade for AVGO, which is set to report Thursday afternoon.
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