McDonald’s’s most recent trend suggests a bearish bias. One trading opportunity on McDonald’s is a Bear Call Spread using a strike $122.00 short call and a strike $127.00 long call offers a potential 7.76% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $122.00 by expiration. The full premium credit of $0.36 would be kept by the premium seller. The risk of $4.64 would be incurred if the stock rose above the $127.00 long call 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 down which suggests that the medium-term momentum for McDonald’s is bearish.
The RSI indicator is at 31.18 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
[$$] Trump denies Russia has compromising intel on him, inside China’s tallest building and the strange Twitter accounts of foreign embassies
Wed, 11 Jan 2017 06:14:26 GMT
Financial Times – Sign up to receive FirstFT by email here President-elect Donald Trump has denied claims that Russia has compromising information on him. The allegations – many of which are salacious – are contained in …
McDonald’s sale of China, HK business may jeopardize workers
Wed, 11 Jan 2017 06:03:57 GMT
Are Restaurateurs’ Initiatives Enough to Attract Investors?
Tue, 10 Jan 2017 22:39:10 GMT
Paralyzed New York detective who became voice for peace dies
Tue, 10 Jan 2017 21:22:32 GMT
[$$] McDonald’s faces test after ceding control of China restaurants
Tue, 10 Jan 2017 18:26:32 GMT
Financial Times – When Beijing’s first McDonald’s outlet opened near Tiananmen Square in 1993, about 40,000 people queued round the block to place an order, a sign of a voracious appetite for fast food that would propel …
Also on Market Tamer…
Follow Us on Facebook