MCD - McDonalds

Telah dikemas kini
MCD has sold off quite a bit here in the last few months and is hovering above this longer term support level. I decided to go with a asymmetrical set up using a call spread for this play.


+1 Dec21 155/170 call spread for $5.38 db.


Risk: Try to let price action stop me out at the project stop or manage near a 50% loser to keep the risk small.
Profit: Target hit (initially)
Dagangan aktif
New stop loss moved up to $159.83. I have to move the stop up because with option spreads, as time passes, the options can sometimes loss value if they do not carry enough intrinsic value.

syot kilat
Dagangan ditutup: hentian tercapai
Price has been flirting with my stop all day, so closing here for a $6.56 db. Around a $118 winner, ~22% ROC
Beyond Technical AnalysiscallspreadoptionsoptionstrategyoptiontradingTrend Analysis

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