$McDonald's(MCD)$ 1️⃣ Why am I-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$McDonald's(MCD)$

1️⃣ Why am I making this trade now?

Sold the shares that was assigned from an earlier $247.5 put. Have concurrently entered a nee put at $245 expiring in October 16.

2️⃣ What's my plan from here?

Mcd has been on a bearish downtrend and broke most of the major support levels on daily candles. However it remains a rather defensive counter which should act better if tech start to pullback and funds rotate to low beta counters. Long term outlook for mcd remains stable and I will continue to wait for the price recovery.

MCD

09-25 22:40

USMcDonald's

Side	Price \| Filled	Realized P&L
Sell Close	237.20 100	-4.35% Closed

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Trade Feed Decoder
09-25 23:50
Trade Feed Decoder
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