McDonald's's most recent trend suggests a bullish bias. One trading opportunity on McDonald's is a Bull Put Spread using a strike $207.50 short put and a strike $202.50 long put offers a potential 20.77% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $207.50 by expiration. The full premium credit of $0.86 would be kept by the premium seller. The risk of $4.14 would be incurred if the stock dropped below the $202.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for McDonald's is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for McDonald's is bullish.
The RSI indicator is at 37.53 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for McDonald's
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Tue, 24 Sep 2019 15:04:01 +0000
Wall Street should take another trip to a local Noodles & Co. restaurant.
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Mon, 23 Sep 2019 22:27:55 +0000
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Mon, 23 Sep 2019 21:53:35 +0000
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