Just to confirm, is the last part of Greg's stock picks the strike price? MCD 150? Also on MCD, is Greg projecting it's going down? I've been having trouble which side of the straddle to sell and when. Unfortunately, I'm stuck on the wrong side of apple from last week and getting a little gun shy. Thanks in advance!
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Always open with a straddle. When you are more or less sure of the price action direction, cover the opposite side of the trade.