TRADE: Binary Options Over-Extended Trade Setup 3 Star

SELL unit(s)

MCD

EXP: 2011-07-28

Entry Price: $88.02
Ratings:

BINARY OPTIONS TRADE ALERT


sell / put

Expert Advice

MCD posted some better than expected earnings a few days ago, and after the price has settled down a bit, we are expecting it to pull back from its closing price of 88.02.  When this opens in the morning, buy a put on her with an expiration of the end of the week.

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