Shown above is a portion of the daily candle chart for McDonald’s Corp (MCD). This stock has been in a well-defined upward trend and has recently pivoted off of a role reversal support level around the $94 price area. Our goal is to sell cash secured puts to collect the premium for the January 97.50 strike price and let the stock run higher. Page two of this alert will outline our strategy along with some risk management ideas that will help you stick with this position.
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