Weekly Winners Circle – September 23, 2022
New Trades:
BTO the CBOE Volatility Index (VIX) October Week 1 Wednesday (10/05) 25 Call (VIX 221005C25)
and
STO the CBOE Volatility Index (VIX) October Week 1 Wednesday (10/05) 30 Call (VIX 221005C30)
for a net Debit of 3.00 or less for this call debit spread.
Exit the VIX position on a 60-Minute Close under 28.00, or exit if VIX trades at 34.00 or higher.
–
STO the McDonald’s (MCD) September Week 5 (09/30) 252.5 Call (MCD 220930C252.5)
and
BTO the McDonald’s (MCD) September Week 5 (09/30) 255 Call (MCD 220930C255)
for a net Credit of 0.50 or more for this call credit spread.
Exit the MCD position on any trade over 253.00, or exit if MCD trades at 240.00 or lower.
Our next Winners Circle Session will start on Friday, September 30th at 11:00 AM ET.
