McDonald’s’s most recent trend suggests a bullish bias. One trading opportunity on McDonald’s is a Bull Put Spread using a strike $210.00 short put and a strike $195.00 long put offers a potential 10.05% return on risk over the next 34 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $210.00 by expiration. The full premium credit of $1.37 would be kept by the premium seller. The risk of $13.63 would be incurred if the stock dropped below the $195.00 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 76.19 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for McDonald’s
Dow Jones Slips As Market Rally Fades; GM Stock Breaks Out On This Move
Tue, 08 Sep 2020 19:37:33 +0000
The Detroit automobile giant surged on the news of its partnership with Phoenix, Ariz.-based electric vehicle maker Nikola.
SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against McDonald’s Corporation and Encourages Investors with Losses to Contact the Firm
Tue, 08 Sep 2020 19:20:00 +0000
LOS ANGELES, CA / ACCESSWIRE / September 8, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of McDonald’s Corporation (“McDonald’s” or “the Company”) (NYSE:MCD) for violations of the securities laws.
Arcos Dorados Holdings Inc. — Moody’s: Arcos Dorados Ba2 ratings and negative outlook unaffected by notes add-on
Tue, 08 Sep 2020 15:56:05 +0000
Moody’s Investors Service (“Moody’s”) comments that Arcos Dorados Holdings Inc. (“Arcos Dorados”) Ba2 corporate family rating (CFR), senior unsecured ratings and negative outlook remain unchanged following the company’s announcement that it plans to issue $150 million in senior unsecured notes. This transaction will be an add-on to the $265 million notes due 2027 issued in April 2017 by Arcos Dorados Holdings Inc.
Pactiv Evergreen seeks to raise $861.5 million in IPO
Tue, 08 Sep 2020 12:26:14 +0000
3 Dividend Stocks to Bankroll Your Retirement
Sun, 06 Sep 2020 11:31:00 +0000
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