MCD short

٢٦ مارس ٢٠١٨

bto some 4/6 $152.50 puts for 0.93. getting rejected at the 20sma and vol area. all ma's seem to be rolling over and this had a sharp v recovery after a downgrade. think it heads back down and double bottoms. had a nice report that comp sales were improving quicker on more advertising recently but still think she could fall a bit more to the .618 area.

stop set to a close above the 20sma on the daily.