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Barchart
Barchart
Mark R. Hake, CFA

McDonald's Stock Price Targets Are Higher - Shorting MCD Puts Works Here

MCD McDonald Barchart OTM

McDonald's Corp (MCD) stock has benefited from higher analysts' price targets since its Feb. 11 earnings release. But the stock has been relatively flat. That makes it ideal for short-sellers of out-of-the-money (OTM) MCD puts.

MCD is at $326.82 in midday trading on Monday, March 16, about where it was a month ago ($327.62 on Feb. 17). But it could be worth at least 9% more at $357 per share, based on analysts' price targets as well as its strong free cash flow (FCF).

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