
McDonald's Corp (MCD) stock has been flat for the past 3 weeks since its earnings were released. This is ideal for investors who short out-of-the-money (OTM) put options to gain extra income.
MCD is at $295.24 in midday trading on Tuesday, Nov. 26, roughly the same as its closing price on Oct. 29 ($295.00) when its Q3 results came out. However, it's well off a recent high of $316.86 on Oct. 18.