McDonald's Options Trade -- 124% Profit!

Winning Trade!

by Ian Harvey

July 26, 2017

Here is an overview of McDonald's Corporation after reporting earnings. This options trade was suggested on Monday, July 24, 2017 with the company reporting the next morning; producing major profits within 24 hours of executing the trade.

McDonald's Corporation (NYSE:MCD)

 ** Option trade to consider: Buy the MCD AUG 18 2017 155.000 CALL at approximately $2.55.

The report………..

McDonald’s Q2 FY 17 earnings was reported before the opening bell Tuesday, July 25.

McDonald’s posted earnings of $1.70 per share on $6.05 billion in revenue, compared to the consensus estimates of $1.62 per share and $5.96 billion in revenue. In last year’s second quarter, the fast food chain reported $1.25 per share in earnings on $6.27 billion in sales.

McDonald’s Q2 FY17 earnings growth was driven by a 6.6% increase in global comparable sales as guest counts grew in all regions. Its earnings result for this year’s second quarter included strategic charges of 3 cents per share, while last year’s second quarter included 20 cents per share in strategic charges. U.S. comparable store sales grew 3.9% year over year, driven by drink promotions and strong sales of its Signature Crafted premium sandwiches.

The fast food chain explained that impacts from its strategic refranchising initiative caused the decline in its revenue. Sales system wide grew 8% in constant currency as comparable sales were strong and the company expanded its restaurant.

End Result……….

+7.22 (4.75%)

McDonald’s closed Tuesday at $159.07, up $7.22 or 4.75% from the previous day

The Trade……..

Within 24 hours this trade produced a 124% profit!

ACTION TO TAKE

If you interested in being part of this profitable action just click here……

The results say it all!


Best of Trading,
Ian Harvey
Director of Stock Options Made Easy


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