McDonald's's most recent trend suggests a bullish bias. One trading opportunity on McDonald's is a Bull Put Spread using a strike $97.00 short put and a strike $92.00 long put offers a potential 11.36% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $97.00 by expiration. The full premium credit of $0.51 would be kept by the premium seller. The risk of $4.49 would be incurred if the stock dropped below the $92.00 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 54.98 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
[$$] Sotheby's Rejects Third Point Board Candidates
Fri, 14 Mar 2014 01:35:46 GMT
The Wall Street Journal – Sotheby's said Thursday its board rejected three director candidates nominated by activist investor Third Point LLC and instead put forth two names of its own.
Prosecutor: Workers knew Madoff was no Santa
Thu, 13 Mar 2014 23:19:49 GMT
McDonald's
Thu, 13 Mar 2014 22:54:00 GMT
McDonald's faces lawsuits over worker pay
Thu, 13 Mar 2014 22:15:51 GMT
Financial Times – McDonald's faces class-action lawsuits in three US states by employees who accuse the fast-food company and its franchisees of systematic wage theft. The suits were filed in Michigan, California and New …
McDonald's Is Having a Fire Sale. Leftovers, Anyone?
Thu, 13 Mar 2014 22:01:56 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook