Intraday Brief·AVGO·May 12, 2026

AVGO PUT +$14.13 (+141F) in 3hrs from $424.51 to $410.38

Bands tightened then the downside move opened hard after entry, giving a full run even though AVGO pulled $2.05 against it by 10:15am. Downside got confirmed at 10:25am–10:30am with the opening-range breakdown below $421.24, momentum turning down, and heavy volume spikes stacking behind the move.

By Z3Gamma

AVGO paid $14.13 on a PUT entered at 10:05am at $424.51 and closed at 1:05pm at $410.38, a 3-hour hold that captured 90% of the available move. Z3 flipped bearish at 10:30am, five bars after entry, and stayed clean with 11 favorable cape bars, peaking at -3.49 at 12:40pm as downside momentum fully opened up. The move got real in the 10:25am–10:30am window when the Kijun flip hit, price broke below the IB low at $421.24 for range extension, DI- took control, and active volume came in behind a 9:45am bear volume anchor overhead with no bullish anchor underneath to slow it down. This was not instant money though: AVGO pushed $2.05 against the put by 10:15am and took 75 minutes before the trade finally showed $10 of favorable excursion.

Verdict: messy early but fully confirmed, then efficient into the exit, and absolutely worth the hold if you could sit through the opening pain.

May 12, 2026 · Entry 10:05am → Exit 1:05pm · +$14.13. · Z3Gamma
Trade Data
INITIAL E1
COMMANDERBear MIDAS anchor at 9:45am. 4 bars before entry. anchored in the loft. no bull MIDAS below. 1 knight.
PROFILEE1 fired in the core. Already above VPOC at entry. Already above TPOC at entry.
KYROPUT [EXEC] entered at 10:05am at $424.51. Exited at 1:05pm at $410.38. Total profit +$14.13.
PAINPrice pulled $2.05 against the position (worst at 10:15am). Gave back $1.60 from peak before exit.
KNIGHTVolume spike before entry: at 9:45 am (present). Volume during the trade: 10:30 am–10:50 am (3 bars, active), 11:20 am–11:25 am (2 bars, active), 11:50 am–12:00 pm (3 bars, charging), at 12:25 pm (present), at 12:45 pm (active), at 1:00 pm (present).
KINGDOMEntry 2 (E2) — position sizing: Kijun crossed below at 10:25 am, 4 bars after E1.
RANGE EXTEntry 3 (E3) — range extension: price crossed below IB low at 10:30 am at $421.24, 5 bars after E1.
Z3Z3 bearish cape activated at 10:30 am, 5 bars after E1. 11 favorable bars, 11 total cape bars during the trade. Peak Z3: -3.49 at 12:40 pm.
DMINo DMI compression in the 5 bars before entry. DMI compressed during the trade: at 10:25 am, at 1:05 pm. DI- won at 10:30 am, 5 bars after entry.
SYNCHRONYBreakthrough zone: 10:25am–10:30am — Z3 cape fired, E2 Kijun cross, E3 range extension, DI+ won, volume spike.
RESULTTotal profit +$14.13. Max MFE +$15.73 at 12:55 pm ($408.78). Captured 90% of the move.
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