On one trade!
Here was the alert I sent:
1. MCD current position is a bull diagonal of long 1 contract Oct (10/15) 240 Call and short 1 contract Oct (10/01) 245 Call at a $2.30 cost basis
Stock is holding up nicely. But it is already through our upper strike. Let’s book solid profit.
ACTION:
-Buy to close 1 contract Oct (10/01) 245 Call
-Sell to Close 1 contract Oct (10/15) 240 Call
For a Net Credit of $5.25 (+/-0.15)
Solid profit is right!
And now with the sell-off yesterday, I am tracking some very promising trades for later this week or early next week.
Don’t miss out on them!
Click here and grab your first month of Options360 for just $19.
To Your Success,
Steve
PS. This volatility could mean some big profits in the short to mid-term time frame. But you need to be ready when the opportunity arises.
Click here and make sure you’re ready to grab your share of the profits.