July 22, 2021 Terry’s Tips Trade Alert - Earnings  Eagle Portfolio

We are opening spreads in McDonald’s (MCD), which reports earnings on Wednesday, July 28, before the open:

BTO 2 MCD 27Aug21 240 put (MCD210827P240)
STO 2 MCD 30Jul21 237.5 put (MCD210730P237.5) for a debit of $3.15 (buying a diagonal)

BTO 2 MCD 27Aug21 235 put (MCD210827P235)
STO 2 MCD 30Jul21 235 put (MCD210730P235) for a debit of $2.25 (buying a calendar)

BTO 2 MCD 27Aug21 230 put (MCD210827P230)
STO 2 MCD 30Jul21 232.5 put (MCD210730P232.5) for a debit of $1.40 (buying a diagonal)

BTO 2 MCD 27Aug21 230 put (MCD210827P230)
STO 2 MCD 30Jul21 230 put (MCD210730P230) for a debit of $1.80 (buying a calendar)

BTO 2 MCD 27Aug21 240 call (MCD210827C240)
STO 2 MCD 30Jul21 240 call (MCD210730C240) for a debit of $1.85 (buying a calendar)

BTO 2 MCD 27Aug21 240 call (MCD210827C240)
STO 2 MCD 30Jul21 242.5 call (MCD210730C242.5) for a debit of $2.80 (buying a diagonal)

BTO 2 MCD 27Aug21 245 call (MCD210827C245)
STO 2 MCD 30Jul21 245 call (MCD210730C245) for a debit of $1.50 (buying a calendar)

BTO 2 MCD 27Aug21 245 call (MCD210827C245)
STO 2 MCD 30Jul21 247.5 call (MCD210730C247.5) for a debit of $1.95 (buying a diagonal)


Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry