8/21 Recap

We’re getting another indecisive candle so far with FOMC in a couple hours. We still remain firmly over the 21 ema and in an uptrend overall but there isn’t much going on until this friday. Again as I’ve said all week, this has been a great rally, we’re basically at all time highs, the VIX today perked up near 17 as stocks went up, usually a sign of caution. I would take the time to assess your positions and decide what you want to do and if you want to lighten some up into this big event friday. That is only a concern if you have short term trades on, obviously longer term, equities will likely go up regardless of the situation. Look how far up we are from the GFC, Covid Crash, 2022 lows,etc the long term outlook doesn’t worry me stocks have been straight up for over a century, but short term things got messy after Jackson Hole in 2022 so its prudent to be aware of what could happen if Powell doesn’t say the right things in 2 days and with markets at highs taking some off is never the wrong thing if you’re concerned.

Recent Trades

MCD - Almost a month back I highlighted McDonalds here on 7/29 since then the market is up around 2% and Mcdonalds is up over 10% after all these massive trades came in and it went from just over 260 to almost 290 right now and Mcdonalds is not the stock that moves like that

Those 315 calls in January 2026 were bought for $9.60 as you can see below and today they’re $19 not even 3 weeks later, these names if you can catch them when they actually move, the calls can pay out fortunes, 100% in a month on Mcdonalds leaps is very impressive.

Trends

1 Week

2 Week

1 Month

Today’s Unusual Options Flow

Here is today’s link to the database as always it will expire tomorrow at the open and the rest of today’s trades will be added by tonight. I haven’t been able to update the database until the evenings recently because I head right to the hospital after I send this, hard to believe we’re nearing 3 months in there, but it is what it is and I’m just busy with that in the afternoons.