MCD is in big trouble. May not exist in 5 years

[noddyboy]

http://www.marketwatch.com/story/in...emarkable-rebound-2015-12-07?siteid=rss&rss=1

 

[clacy]

Bumping just to give you an opportunity to LOL

 

[Chris Mac]

Bumping just to give you an opportunity to LOL

New new new new new new new highs, BUT be sure Hajimow will soon explain he made $$$$$$$.
Even if MCD went to 200 dollars, he would still make money.
Let's close this ridiculous thread !!!!

CM

 

[ironchef]

Today's trades. GLD options are equity covered. View attachment 158606

You were selling put so you were bullish on MCD!

 

[Nine_Ender]

Follow Up :

MCD at 123.89, up from 96.44 Return 28.5% plus dividend yield is 2.90% so over 31%.
SPX performance in same time period = Down 8%.

 

[destriero]

$125 figure is a opp to short for 6-8 month hold.

 

[hajimow]

Weekly covered PUT options sold since I disappeared. part one. All expired worthless and I cashed in.

 

[destriero]

lol like $6 in premium against $30 in losses on the shares. Kudos.

 

[ironchef]

Weekly covered PUT options sold since I disappeared. part one. All expired worthless and I cashed in.View attachment 161649 View attachment 161650 View attachment 161651 View attachment 161652 View attachment 161653 View attachment 161654 View attachment 161655 View attachment 161656 View attachment 161657 View attachment 161658 View attachment 161649 View attachment 161649 View attachment 161650 View attachment 161651 View attachment 161652 View attachment 161653 View attachment 161654 View attachment 161655 View attachment 161656 View attachment 161657 View attachment 161658

Your actions are not consistent with the title of this thread: MCD is in trouble?

Can you please enlighten us your rationale for covered puts and your assessment of MCD? I am not criticizing but want to learn the processes you used for trading.

Thanks.

 

[hajimow]

Your actions are not consistent with the title of this thread: MCD is in trouble?

Can you please enlighten us your rationale for covered puts and your assessment of MCD? I am not criticizing but want to learn the processes you used for trading.

Thanks.

In short this method is used by well pocketed and stubborn traders who have a long vision on a direction of stock and try to reduce the losses or even make some money while the stock is going against their direction. You have to a good long term vision on a stock and be confident on our method. Lets say I were short just 1000 shares of MCD. During just a week, MCD has dropped $10 per share which would be $10,000. If I were short in cash or not confident on my method, I should have covered it at $125 and regret now. I believe MCD will go down but it wont hit the PUT strike price that I am selling in a week.