$MCD VERTICAL 250801 PUT 280.0/PUT 285.0$ In the weekly chart, the bullish candlestick with long bottom wick was formed. The stochastic is also at oversold region. Hence, I have decided to open this bull put spread, with the view that the price may stay above $285 or move higher from the current level.
MCD Vertical
06-28 01:15
US280.0/285.0
SidePrice | FilledRealized P&L
Credit
Open
-1.22
1
--
Holding
MCD VERTICAL 250801 PUT 280.0/PUT 285.0
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  • fuddie
    ·07-04
    TOP
    Sounds like a solid setup! Hope it pays off as expected—keep us posted on your progress.
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    • AyKing
      I have closed this trade as about 50% of the premium has been collected.
      07-23
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  • zubee
    ·07-04
    Sounds like a solid strategy! Best of luck riding that upward momentum
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  • DeltaDrift
    ·07-07
    Interesting trade, see how this plays out
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