McDonald's's most recent trend suggests a bullish bias. One trading opportunity on McDonald's is a Bull Put Spread using a strike $120.00 short put and a strike $110.00 long put offers a potential 6.72% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $120.00 by expiration. The full premium credit of $0.63 would be kept by the premium seller. The risk of $9.37 would be incurred if the stock dropped below the $110.00 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 78.73 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
Cramer Remix: This stock moves all of housing higher
Fri, 18 Mar 2016 23:00:00 GMT
Hungry? Chew on these food trades
Fri, 18 Mar 2016 22:52:57 GMT
Final Trades: Darden, McD's and more
Fri, 18 Mar 2016 21:34:00 GMT
4 Fast food trades that'll get you done
Fri, 18 Mar 2016 21:00:00 GMT
McDonald’s Stock Near Buy Point; Starbucks Gains Speed
Fri, 18 Mar 2016 20:55:41 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook