MCD - overdone on the upside ?

Tim Seemore of Fast Money fame indicates this as a short. However, it was just upgraded to 130 and 135.
What say ye ?
Are the other competitors better shorts ? WEN, QSR, YUM ?
All have taken pretty good hits this year.

 

I would check with Hajimow. He seems pretty dialed into MCD.

 

I sent him a PM.
IB's Probability Lab indicates the best position: a short call position of Feb 124, 2xFeb 128....for an 83% probability and max loss of $360.

 

I would say that the likelihood of making profits shorting it is higher than the likelihood of making profits while being long on it.

 

Indeed, it's now at the 123 level....the 123 puts got crushed this morning.
It's obviously bolstered by the broader market move.

However, I think 125 has got to be near a top.

 

Dialed in ? He recommended shorting AAPL when it was $95. It's gone up 31% since when the overall market is down 8%.

 

Sorry, I was being sarcastic. Thought that was obvious.

 

Here we go with Mickey D's at all time highs.
Looks to be parabolic on the chart...a good sign to go short.
All of the bulls are "sucked-in"....and all shorts have covered.

 

No sign of reversal here. Stock is a hold above 112 at the present time.

 

Take Profits here.