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Reallifetrading
Jun 23, 2015 5:47 PM

Another MCD condor 

McDonald's CorporationNYSE

Description

"If you eat too much MCD, you can't fly like this condor"
MCD 102/104 92/90 July Iron Condor
.16 limit. Almost 10% ROI. I would give this one a B.
On this spread I wouldn't unravel but exit because MCD is usually very choppy.
6/23/15 12:45 p,
Watch closely the 100/200 SMA on the daily and weekly. Those are really your strongest support levels.
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