On August 8, 2014, we issued a buy alert on the MCD December 95 and January 95 calls at $2 and $2.20, respectively. On Monday, following a report from JP Morgan analysts, the stock jumped $2 a share.
That move sent our December 95 calls to $3.15, handing us a gain of 58%.
The move also sent our January 95 calls to $3.45, handing us a gain of 57%.
We’re recommending that you sell to close just half of each position to secure the gains. Hold all other positions.
We will talk again soon.