That's a massive $137k bet that McDonalds would go down. It was placed this Monday…
And it was placed in the options… So someone took a ton of risk to make this play.
You'd almost have to assume they had some insider info to be that confident ;)
Well, with my new strategy, this is what I am looking for.
A confirmed trend alongside confirmed institutional orders like this.
(yes, we went short the same day as this bet)
Can you imagine having a higher probability approach than a powerful trend and huge "flood orders" in the same direction?
I can't.
It's not bulletproof, and there are always losses in trading, but I guess that's why we haven't lost yet!
Ready to see how it works?
Tap here for my strategy briefing
Jack
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