by Tim Biggam | Jul 1, 2019 | Biggam Options Volatility Edge
Mc Donald’s is definitely losing momentum at all time highs. RSI and MACD both languishing. Stock trading at a big premium to the 50 day moving average which has led to pullbacks to the average in the past. Valuations getting stretched. P/E briefly...
by Tim Biggam | Jul 1, 2019 | Biggam Options Volatility Edge, Uncategorized
McDonald’s (MCD) made a new all time high today but has reversed course to now trade lower. P/E ratio was also above 28 which has signalled a top in the past. Let’s take a guardedly bearish stance with a put calendar spread. IV percentile only at the 11th...
