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McDonalds Was On A High This Week Before Common Sense Kicked In

There was news. McDonald's is winning at drawing it's customers back in. Quarterly earning were released this week. The stock jumped on Thursday on this news. See this chart. Now it's Puts trading on Friday, the day after. Logic has suddenly set in. With gas prices so high who can afford the gas to drive to McDonalds? A low of $.10 to a high over $5.04. (See the small Friday morning bounce which would have driven the Puts down to $ .10). What a trap. Welcome to the new reality of playing "one-day-options".
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Disney, An Easy Read.

Few traders like trading options on Disney because the stock constantly disappoints. Look at these Calls which expire this Friday.
Options on stocks in the 100 range offer good leverage and Wednesdays at noon mark the "middle-of-the-week" inflection points. Let's see what happens here. These Call options expire on Friday. To be continued. Now this, 36 minutes later.
Is that good enough of a return? $1.05 was the low of the trading action. Now look at this "bid-and-ask" thirty-four minutes later!
Mid week trades like this do happen. ** Here is how Disney closed the week.
Wednesdays sometimes see market reversals. *** Another quick look at a different trading opportunity. This time on April 2nd with the markets closed on the following day for Good Friday.
Options on this stock are something worth following.

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