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McDonalds Is Having An Upward Run. Why?

Here are one series of it's Puts that expire this Friday. They are "out-of-th-money" so it's going to take a bit of a directional move to get a payout. Now it's five day chart. Is the stock going up because the DJIA is up? This to me is more a play on what the markets are doing than the stock itself. Here is how it closed the day. It's largely unchanged from where it was trading at back at 1:18 p.m.. Here is how the D.J.I.A. closed the day. A weak opening tomorrow will do wonders for this position. Let's see what happens.
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An Introduction

My name is Peter and about 45 years ago I did a short gig as a “Merrill Lynch” broker. Prior to that gig I worked for a well known Canadian brokerage firm that had a fancy office on the 55 th floor of a downtown Toronto building. They took the whole floor. In essence they were a "boiler room" operation (which I think they first started in the 1930's) which focused on mostly penny mining stocks. I did not fit in well. I was to busy watching and trading Exxon options and also watching the back office skim money off of any of my profitable trades I made for myself or any of my clients. Well they didn't skim it off at that Toronto office that I know of however they did at another office in another town I asked to be transferred to. Things were different back then. I now work in an unrelated profession and oddly enough still have the designation of being a broker. I still have a passion for option trading. I like Fridays for trading "one-day" options that will be expiring. Six of my favourite stocks to now trade options on are Caterpillar, Ford, Exxon, Deere, Tesla and Boeing. I watch other stocks in the five and ten dollar range that also have options on them. I missed the 2025 gold run. There are times when I will take a week off from watching the market, knowing that I will be not be handicapped when I return to the action. I don't play options if I am away on holidays. Trading in Australia in a tent in a traller park at 4:00 a.m. during a rain storm with a flickering power source and then waking up tired doesn't work for me. I need to be on more of a routine to play options. Donald Trump has in some ways helped to make option trading easier. He says things which don't make sense. Let me now share with you some of the things I see happening in the markets. I am hoping some readers might enjoy reading something a little bit different. Happy option trading.

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