CLOSING OUT MCD and T.

Sometimes it is better not to try and catch the bottom that could be a falling knife.

We are closing these following two put spreads positions.

We are looking to close out the following MCD OCT 92.5/90 Put credit spread.

Portfolio #2:ALERT: CLOSING MCD OCT 92.5/90 Put spread.

We are looking to close out the MCD OCT 92.5/90 Put spread for a NET DEBIT of $1.85 - $1.90.

The BID/ASK is $1.75- $1.97 as of this current email.

As usual we always look to split the BID/ASK, so try and work the BID/ASK spread.

Never the less, we will be closing this spread on today, before the close.

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We are also looking to close out the following T 35/34 Put credit spread.

Portfolio #3:ALERT: CLOSING T 35/34 Put spread.

We are looking to close out the T 35/34 Put spread for a NET DEBIT of $0.90- $0.95.

The BID/ASK is $0.85- $0.97 as of this current email.

As usual we always look to split the BID/ASK, so try and work the BID/ASK spread.

Never the less, we will be closing this spread on today, before the close.