TopOptionsAIerts
$MCD NOV20 275C · still actionable
Zone: $267.14 to $270.90
Invalidation: close under $261.00
Objectives: $285, then $301
The math: up 5.9% to the first objective and 11.9% to the second, against 3.0% risk on the invalidation, about 4 to 1 to the second.
I like this swing because adjusted earnings beat at $3.57 against a $3.38 estimate, even with revenue light at $7.16 billion against a $7.28 billion estimate. The premarket move to about $269 shows buyers reacting to the report, not waiting for the open. You are buying strength after the report is out, with a clear line at $261 where the read is wrong. The zone is tight and the invalidation is clear, so the risk is defined before the regular session starts.
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