Trade of the week ending 10 November 2023: Profit +$1362

#tradeoftheweek Nov 11, 2023

32 days ago sold 9 contracts McDonald's (MCD), $235 PUT at $1.52, expired 10 November. Total premium profit after fees $1362.  McD was in a downtrend and wanted to pick up some stock at a discount but in the end just kept the premium.