McDonalds Indications: long 1y TRS + short 100% European call [C]

jeffrey E.

Jeffrey,

Please see below MCD 1y Vols — they are much lower than LNKD or TWTR. IA on this trade would be 25% of Notional. The indications below work for $smm notional.

McDonalds 1y 100% vol

(1) LM 100% May 17,033

26.00

19.00

получить Low: 13523

18.00

17.00

16.00

25.00

<-14.00

2021

Apr

May

Jul

2014

Oct

Dec

Jan

2015

13.00

30-Jan-2015 12:5420

Southern Financial longs MCD through ly TRS:

SF pays 1mL+75bps to receive total return

• $0.03 commission in and out, optional early termination applicable, monthly resets

Southern Financial shorts MCD 1y 100% European calls:

DB bids 5.25%
Vol: 17%

Regards,

Daniel

Daniel Sabba

Key Client Partners

Deutsche Bank Securities Inc.

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