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Dripping into Consumer Discretionary

HAVING TROUBLE PRINTING?
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McDonald's Corp (MCD) has been on my watch list for a while because of its relative strength versus the major indices and other stocks within the consumer discretionary sector. MCD reported better than expected EPS results in October.

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The goal is to sell at least 2 contracts of the November 50 Puts for the minimal account with a $1.00 target. As the chart below shows there is support at $51.80 per share. We should cover the puts if MCD break below this level.

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