Reallifetrading

MCD earnings strategy

NYSE:MCD   McDonald's Corporation
Just my opinion. MCD RARELY gaps largely on earnings. IF MCD gapped up, it seems the best play would be to 'immediately' sell the calls to close and lock in a gain (and hold the put and sell the $200 against it for .10 or something...)
If MCD gapped down, PROB best to hold the long put as the support looks weak.
Comment:
AMAZING GAP LOCATION For those puts!! 200 SMA is target

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