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McDonald's. It's Difficult To Fight Strong Stocks.

Here is McDonalds five day chart at the close on Wednesday. Now here is it's three month chart. Now consider this. In two days the stock is up about twelve dollars. I often talk about Wednesdays being the one day in the week the markets can do reverals. Today the DJIA was up over four hundred points and McDonalds was down 60 cents. It dipped on the opening and came back a bit and then selling pressure came into the stock again on the closing. I personally hate McDonald's food. The internet has tens of Youtube videos saying their fries are poisonous. Yet I get it. But think about this. Whenever a new residential subdivision goes in anywhere in North America there is room for another one of their restaurants to go in. They just pop up and everyone knows what they are. Here now is a snippet I posted in a past McDonald's blog. After a lackluster trading session today McDonald's could drop in the next two days or at least on a Thursday afternoon sell off. Yet nothing m...
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Home Depot - Snakes and Ladders- Hurricane Season- Hurricane Ian

Here is a one day chart and a five day chart. Home Depot closed up $2.30 on the day however the markets were off. Home Depot can jump in Hurricane Seasons.
Now the five day chart.
Here is my buy in at the end of the day with three seconds to go.
Look at how these options traded on the day.
Florida might get hit tomorrow. Talk like this can go away as fast as it came. Two days ago no one saw this coming. An 8:30 a.m. Wednesday update. Let's back up a second. Look at how strongly Home Depot opened up yesterday and look at how light the volume was on the day. In a way this play is "old news" and the question is, am I one day late in coming to the party? These options still have three days trading life left in them. Do I want excessive demands on my time going forward? Is this a wise application of effort and creative energy? I could bail in the premarkets and take a profit and never have to follow this news again. The connection between Home Depot going up in price and hurricanes is, in a way kind of an "urban myth". I don't like babysitting option positions based on pending news. Here is what happened. I got out with a premarket order where I picked the price I wanted.
A early morning readout.
The hard part was guessing the price to put on the sell ticket.*** Here is the closing reading on these same Calls.

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