McDonald's earnings tomorrow @ 7am

McDonald's earnings are tomorrow at 7am. My range is low $203, mid $212, high $221. Basically MCD has been trading sideways since it's last earnings announcement within this slight down trend channel. I think that with their advancements in technology, McDonald's has a good chance of having a + earnings surprise.

4th Quarter December 2020
Consensus =
EPS: $1.75
Revenue: $5.32 Billion

Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny a day for a month it = $5,368,709. Good luck and happy trading friends...

*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
www.tradingview.com/u/growerik/

Trade active:

2/05 expiry
$205 put
$210 call

Comment:

earnings of $1.84 per share.

Comment:

MCD 6/17 expiry options data:
Put Volume Total 4,434
Call Volume Total 948
Put/Call Volume Ratio 4.68
Put Open Interest Total 21,038
Call Open Interest Total 19,294
Put/Call Open Interest Ratio 1.09
240 Call 2,653 OI
240 Put 3,926 OI