Short Put Spread in High Diabetes levels Long

McDonald's CorporationNYSE

Description

⋅ Aug 8, 2017 2:43 PM

High IV in MCD.

[Sold] Sept 15 140/150 put spread @ $1.13, 2 contracts.

2x stop loss, 50% win mgmt.

⋅ Aug 10, 2017 7:24 PM

Covered these at $.71. Held for just a few days and willing to take 37% in a short time.