27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
McDonald's Corp (NYSE:MCD) is a week away from launching its new premium chicken sandwich and the fast-food chain is selling early access at CHKNDrop.com.
What Happened: McDonald's new chicken sandwich will be available nationwide on Feb. 24 and the company is promoting its launch by offering access a limited-edition "capsule" as of Thursday, starting at noon. Fans that sign up on for $5 on CHKNDrop.com will receive a coupon allowing them to try the sandwich one day before the general public.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Also part of the capsule is a limited-edition hoodie with the word, "crispyjuicytender," on it to "memorialize this great addition to our menu," McDonald's Vice President of U.S. Communications David Tovar said in a press release.
"We know fans can't wait for our new Crispy Chicken Sandwich to hit restaurants, so we're celebrating them and this moment with a drop like no other," Tovar also said.
Finally, the lucky few that manage to secure a CHKNDrop.com spot will also receive a never-before-heard audio track created by Tay Keith on 7" vinyl.
Related Link: KFC Pecks Its Way Into Premium Chicken Sandwich Battle
Why It's Important: McDonald's chicken sandwich offering has lagged its peers as consumers embraced premium sandwiches from the likes of Popeyes, owned by Restaurant Brands International Inc (NYSE:QSR) and Chick-fil-A.
Many McDonald's franchisees consider chicken sandwich chains, not burger chains, as their main rivals.
What's Next: As of Feb. 24, the public can choose from McDonald's new chicken sandwich that will come in three forms: Crispy, Spicy and Deluxe.
(Photo: McDonald's)
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.