Stategy of the : a safe bull call spread on MCD
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US markets today's announcements: housing starts, Initial jobless claims.
Market's trading sideways in a very narrow range for the past month. Vix Futures term structure flattened on a relative high levels, leaving the market on either way break, most likely to the downside. ECB is struggling to keep Euro zone together, on one hand Greece with an impossible situation to pay its debt and the other hand Spain that suffers from deteriorating economy and high unemployment rates for years. US markets today's announcements: Housing starts - on average are in the low-level area since December 2008. Initial jobless claims - the same since March 2011 in spite of government's activities to stimulate the economy. Today trade: MCD safe bull call.
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Safe Bull Call Spread on MCD [VIDEO].
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since the stock markets are and may stay on the sideways a reasonable trade is to play a safe bull call spread on MCD. Sell the call blow the 20 days moving average and buy bellow, see video.. |
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