McDonald's's most recent trend suggests a bullish bias. One trading opportunity on McDonald's is a Bull Put Spread using a strike $190.00 short put and a strike $185.00 long put offers a potential 35.14% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $190.00 by expiration. The full premium credit of $1.30 would be kept by the premium seller. The risk of $3.70 would be incurred if the stock dropped below the $185.00 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 70.37 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for McDonald's
McDonald's Announces Quarterly Cash Dividend
Tue, 21 Jul 2020 22:30:00 +0000
Today, McDonald's Board of Directors declared a quarterly cash dividend of $1.25 per share of common stock payable on September 15, 2020 to shareholders of record at the close of business on September 1, 2020.
McDonald's (MCD) Expected to Beat Earnings Estimates: Should You Buy?
Tue, 21 Jul 2020 16:31:04 +0000
McDonald's (MCD) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
McDonald's to reopen over 700 dine-in restaurants in UK, Ireland
Tue, 21 Jul 2020 14:31:07 +0000
If You Had Invested Right After McDonald's IPO
Mon, 20 Jul 2020 22:53:52 +0000
Just how much money would you have if you purchased 100 shares during McDonald's IPO? Hint: it's over $12 million, and is considered to keep on growing.
Chipotle earnings preview: Digital menu exclusives could give sales a boost
Mon, 20 Jul 2020 21:38:00 +0000
Chipotle has made building its digital business a focus, and UBS analysts say that could include online-only menu items.
Also on Market Tamer…
Follow Us on Facebook