Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Mark R. Hake, CFA

McDonald's Corp Stock is Treading Water - Ideal for Investors Shorting OTM Puts for Income

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.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.