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.
تعليق
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AMAZING GAP LOCATION For those puts!! 200 SMA is target
i'm planning on selling the 190 puts for dec expiry
bl4ckn1ght
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Closed 205/200 put spread bought before ER today on 10wk line. it likely to bounce around on this line for sometime. Plan to re-enter put to continue short it till 185-190 range. your thought?
Reallifetrading
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@bl4ckn1ght, My thoughts- take the winnings and invest it into a LONG play. MCD = one of the strongest stocks out there. :)