Let's analyze how we can structure an option trade that fits the view that one, Broadcom stock will stay within the expected range, and two, the response to the earnings report is likely to be positive. Broadcom stock has consistently stayed above the lower end of the expected range for the last four earnings announcements. Taking the at-the-money put and call for the Dec. 12 expiration, we can see that the expected range is 10.1%. Now that we know the expected range, let's find a bull-put spread that has ...