Volatility remains elevated as markets react to daily headlines out of Europe. The U.S. market's major indices look poised for more declines. Investors need to play defense. Consider raising your stops or reducing your position size to limit risk.
MCD was a disappointment last week on lower than expected same-store sales. Meanwhile WLT was a big winner thanks to take over speculation.
There are new stop losses for both MCD and WLT.
Disclaimer: At any given time the author may have positions in any or all of any companies mentioned in the Leaps Newsletter.
--Position Summary Table--
Table lists Directional CALL or PUT/LEAPS only.
Insurance puts, if applicable, are not shown.
Red symbol/name represents a play or option position exited or closed this week.