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Non-Tech : McDonalds (MCD)
MCD 311.02+0.8%3:59 PM EST
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To: Investor2 who wrote (167)8/30/1998 5:52:00 PM
From: John O'Neill  Read Replies (1) of 288
 
I agree with you long term. I have held 20 Jan $60 puts and 10 Jan $65 puts for a while and am just thinking about the short term.

It seems likely that MCD would trade around the $55 dollar level if the Dow continues to slide. The DOW is up only about 1% this year compared with MCD being up around 50%.

JO Thanks for the comments
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