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

jeffrey E.

Jeffrey,

Please see below MCD ly Vols —they are much lower than LNKD or TWTR. IA on this trade would be 25% of Notional. The indications below work for $5mm notional.

McDonalds 1y 100% vol

Southern Financial longs MCD through 1y 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 ly 100% European calls:

• DB bids 5.25%

• Vol: 17%

Regards,
Daniel

Daniel Sabba
Key Client Partners
Deutsche Bank Securities Inc.
Tel. +1 212 454 0857
Mobile +1 917 374 4185

EFTA00631127

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