Profitable Trade: McDonald's (MCD) Naked Puts

Today I closed the following transaction for a profit:

08/13/12   STO 2 MCD Sep 22 2012 85 Puts @.72    132.50
09/10/12   BTC 2 MCD Sep 22 2012 85 Puts @.05    -10.04

This was a 28 day trade that used ~$2800 average maintenance. We earned $122.46 which equates to a 4.37% return on maintenance or 56.96% annual.

McDonald's dip in price was short lived. I took advantage of a brief bit of fear and now McDonald's is back on the rise. I will look to enter another position if I see further weakness. In fact I might write the 87.5's.