I got in late last week, mainly because my family eats out a lot and because CMG crushed it last week. I picked up 3 MCD 155 calls expiring 5/04 on the cheap last week for about $5.40. I call this cheap because compared to my AMZN last week, this is peanuts.
Today, MCD was up close to 6% ($9+). I sold it around noon and made about 5.70 per contract. Not bad considering I held it for less than a week.
SPY was up in the morning but closed negative. We are entering a very tight range and it can go either way. We shall see as the rest of earnings and May comes along.
In any case, be very careful and happy investing!
