$MCD reports earnings tomorrow morning. I took a flyer on some calls in anticipation of a sharp move to the upside. I alerted these calls this morning via private twitter.
Should $MCD fail to rally these calls will open for trade at $.05 or less, resulting in an almost total loss on investment. They are high risk. But with the high risk comes the possibility of high reward. The same could be said about the $NUS $130 puts I alerted at $.50 last week. They ended up being worth over $60. That's $500 into $60,000 in 2 trading days. It's not the norm but it happens, and happens more frequently at optionmillionaires.com then anywhere else.
$MCD has been consolidating, and from a technical perspective it looks poised to break out to the upside. I think tomorrow's earnings report will give the bulls the ammo they need to push the stock back over $100.
A nice cup and handle formation on $MCD also gives additional credence to the impending rally in $MCD shares.
