July 28, 2021 Terry’s Tips Trade Alert - Earnings  Eagle Portfolio

With MCD down 2.6% in early trading, we are closing the highest-strike call spreads:

BTC 2 MCD 30Jul21 252.5 calls (MCD210730C252.5)
STC 2 MCD 27Aug21 250 calls (MCD210827C250) for a credit of $1.15 (selling a diagonal) (100%)

BTC 2 MCD 30Jul21 250 calls (MCD210730C250)
STC 2 MCD 27Aug21 250 calls (MCD210827C250) for a credit of $1.10 (selling a calendar) (100%)


Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry