McDonald's's most recent trend suggests a bullish bias. One trading opportunity on McDonald's is a Bull Put Spread using a strike $182.50 short put and a strike $177.50 long put offers a potential 26.58% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $182.50 by expiration. The full premium credit of $1.05 would be kept by the premium seller. The risk of $3.95 would be incurred if the stock dropped below the $177.50 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 59.28 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
Coronavirus: McDonald’s trials UK branch reopening in lockdown
Wed, 29 Apr 2020 06:54:24 +0000
McDonald’s is testing reopening a UK branch this week, but it’s behind closed doors.
McDonald's Canada to import beef as coronavirus hits supply chains
Tue, 28 Apr 2020 22:12:36 +0000
CORRECTED-Yum China sees sales getting better even as April same-store sales drop 10%
Tue, 28 Apr 2020 21:33:36 +0000
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