Last week on Tuesday I sent his alert to my Options360 subscribers…
*(Keep in mind this trade is now closed, so do NOT try and execute these instructions. It was from June 21st, and the window is closed on it!)*
The stock is strong but is it bullish?
Let’s assume we’re going to see a temporary bounce.
McDonald’s (MCD) is a combo of consumer staple and discretionary.
The chart is constructive as it did not make a new low last week and is now working on a reversal through resistance at the $235 level.
ACTION:
-Buy to open 1 contract July (7/15) 237.5 Call
-Sell to open 1 contract July (7/01) 242.5 Call
For a Net Debit $3.90 (+/-0.10)
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The next day, on June 22nd, we closed the trade for a quick 24% overnight ROI.
This is the kind of trade you can take advantage of, even in this market, if you are willing to watch stocks all day – and have the skill to know where to look. Or you can just get a professional trader to watch the markets for you.
Subscribers to my concierge trading service Options360 get a professional watching the markets for you – all day every trading day – for just $19!!
This is the kind of “proof of concept” offer that people who are serious about trading can’t pass up.
So my only question to you is…
Are you serious about uncovering profits in this market, or are you just playing around?
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To Your Success,
Steve