McDonald's's most recent trend suggests a bullish bias. One trading opportunity on McDonald's is a Bull Put Spread using a strike $237.50 short put and a strike $232.50 long put offers a potential 13.64% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $237.50 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.40 would be incurred if the stock dropped below the $232.50 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 63.16 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
Is McDonald's Stock A Buy? MCD Cooks Up Strong Earnings
Thu, 29 Jul 2021 11:43:24 +0000
Is McDonald's stock a buy? A “genius” promotion and new loyalty program have pushed MCD stock to a record, but there are reasons for caution.
The Chip-Crunch Recovery Will Be Rocky, as Apple Can Attest
Thu, 29 Jul 2021 05:39:20 +0000
(Bloomberg) — The great computer-chip shortage of 2021, a cloud hanging over companies ranging from Tesla Inc. to McDonald’s Corp., is showing signs of easing. But not for everyone.While chipmakers such as Qualcomm Inc. and Advanced Micro Devices Inc. struck an optimistic tone this week, certain products will remain scarce for some time to come. That’s left companies like Apple Inc. in a bind: Even with some supplies of semiconductors getting closer to normal, they still lack the components nee
McDonald's Corporation (MCD) Q2 2021 Earnings Call Transcript
Wed, 28 Jul 2021 21:00:42 +0000
MCD earnings call for the period ending June 30, 2021.
Stock Market Today: Stocks Finish Mixed as Fed Stays the Course
Wed, 28 Jul 2021 20:29:00 +0000
The Federal Reserve kept interest rates at near-zero and seemed loath to taper asset purchases, giving stocks a small afternoon lift in an uneven Wednesday session.
Starbucks Drops Back Into Buy Range As Restaurants Fall; McDonald's Also Near Buy Point
Wed, 28 Jul 2021 17:35:21 +0000
Despite delivering quarterly results that topped Wall Street targets, McDonald's, Starbucks and other restaurant stocks were mostly lower Wednesday.
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