MCD Archives - Cboe Blogs

  • Morning Call | Jul 25, 2017, 6:57 AM

    CBOE Morning Call - 7/25/2017

    CBOE Morning Call - 7/25/2017

    Big Picture Today is the first day of a two-day FOMC meeting.  As a gentle reminder, there are S&P 500 (SPX) options expiring on the close tomorrow which are perfect for expressing an opinion about the potential market reaction (or lack thereof) to the FOMC announcement tomorrow afternoon.  Also, the earnings calendar is so heavy for the next three days it should be on a weight loss reality show. Overnight / Pre-Market Japanese stocks were slightly lower overnight.  Both the EuroStoxx[...]

  • What's Trading | Jul 24, 2017, 2:44 PM

    What's Trading Today - MCD and More

    What's Trading Today - MCD and More

    Other trades of note by Lauren Ravalli Facebook, Inc. (FB) at 165.29, a Bear Call Spread traded 9,200 times. The trader sold the Jul 28th 170/177.5 spread for a credit of 1.40. FB is expected to report earnings on Wednesday, July 26th after market close. Russell 2000 Index (RUT) at 1,431.93, a Bull Put Spread traded 1,402 times. The trader sold the Aug 18th 1,280/1,250 spread for a credit of .30. Starbucks Corporation (SBUX) at 58.18 a Long Straddle traded 1,000 times. The trader bought[...]

  • What's Trading | Apr 24, 2017, 2:40 PM

    What's Trading Today: MCD Iron Condor in Front of Earnings

    What's Trading Today:  MCD Iron Condor in Front of Earnings

    Today I came across an Iron Condor initiated using MCD options expiring Friday and in anticipation of tomorrow morning's earnings announcement.  Click on the image to watch today's episode and then read below for some more color on this neutral earnings play. The colorful payout diagram below notes the short strikes were 3.5% higher and 3.9% lower than where MCD was trading.  The average move for MCD stock is up or down just over 2% in reaction to earnings (based on the last 12 quarters). [...]