McDonald's's most recent trend suggests a bullish bias. One trading opportunity on McDonald's is a Bull Put Spread using a strike $185.00 short put and a strike $175.00 long put offers a potential 29.53% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $185.00 by expiration. The full premium credit of $2.28 would be kept by the premium seller. The risk of $7.72 would be incurred if the stock dropped below the $175.00 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 74.34 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 (MCD) Dips More Than Broader Markets: What You Should Know
Thu, 16 Jul 2020 21:50:09 +0000
In the latest trading session, McDonald's (MCD) closed at $190.92, marking a -0.44% move from the previous day.
Restaurant bankruptcies are soaring — here are the biggest winners
Thu, 16 Jul 2020 17:38:06 +0000
It's all about a future filled with pizza.
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Thu, 16 Jul 2020 15:34:14 +0000
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Better Buy: McDonald's vs. PepsiCo
Thu, 16 Jul 2020 14:04:19 +0000
McDonald's (NYSE: MCD) and PepsiCo (NASDAQ: PEP) are two of the most iconic brands in the world. McDonald's operates and franchises over 36,000 restaurants in more than 100 countries, while PepsiCo's beverages and packaged foods are consumed in over 200 countries and territories. McDonald's and PepsiCo operate different kinds of businesses, but both companies have struggled with a shared problem: More consumers are avoiding traditional fast food chains and sodas in favor of healthier alternatives.
Domino's U.S. sales surge on pizza demand during pandemic
Thu, 16 Jul 2020 11:31:20 +0000
Domino's Pizza Inc on Thursday comfortably beat Wall Street estimates for quarterly same-restaurant sales, as diners ordered in more pies since dine-in options remain limited due to lockdowns triggered by the COVID-19 pandemic. The health crisis has nearly decimated the food industry as rising number of cases and stay-at-home orders have forced restaurants to shut dine-in options and layoff thousands of employees in an effort to reduce costs. Domino's is one of the few restaurant chains to see a boost in sales as consumers sought the comfort of pizzas and relied on their fast delivery.
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