Open Position -- MCD

I thought the drop on 6/22 was an overreaction, so I jumped in. I sold the call ITM call to give myself a little leeway, but if I pocket nearly $700 in two days (a 0.57% return), I'll be happy. I wouldn't mind writing more calls on the stock either, if I end up holding it.

As it turned out, I did get to write another call on it when my $0.03 limit price to buy back the existing call triggered. I'd be ecstatic to earn $1000 a week on the position. :) 

It dropped quite a bit because of Brexit. I almost bought more, but didn't have a lot of cash available. Like the rest of the market, it's been recovering well from the 2-day Brexit "panic".

Date	Description	Amount	ROI	aROI
2016-06-22	Buy MCD @ $120.51	-$120.51
2016-06-22	Sell MCD 6/24 2016 $120 Call @ $1.22	$1.22
2016-06-24	Buy MCD 6/24 2016 $120 Call @ $0.03	-$0.03
2016-06-24	Sell MCD 7/01 2016 $120 Call @ $1.05	$1.05
2016-07-01	If assigned at expiration	$120.00	1.44%	58.22%
2016-06-29	Current Price @ $119.25	$119.25	0.81%	42.41%