– SELL STRANGLE MCD 100 MAR 15 97.5/87.5 CALL/PUT @1.00
Looking for MCD to consolidate. The stock has been flipping out the last few months. They canned their CEO so probably not much movement for a little while. Not expecting news for a little bit. The stock is on it’s way down here and bring up Vol a little bit but I think it will stay on the upper side of it’s range. So a couple down days, then a couple up days and then right back here to get out of the trade, we’ll see…
2/17/15 – BOT STRANGLE MCD 100 MAR 15 97.5/87.5 CALL/PUT @.87
Pulled this one off for a %11 profit. I should have just left it on.
DISCLAIMER - JVOND SUCKS AT INVESTING! FOR LEARNING PURPOSES ONLY!