What the Options Market Tells Us About McDonald's
Portfolio Pulse from Benzinga Insights
The options market shows a bearish sentiment towards McDonald's (NYSE:MCD), with 62% of recent trades being bearish. Significant investors are targeting a price range of $230 to $265. Despite this, expert analysts maintain high target prices, averaging $310.
May 29, 2024 | 3:45 pm
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The options market shows a bearish sentiment towards McDonald's, with 62% of recent trades being bearish. Significant investors are targeting a price range of $230 to $265. Despite this, expert analysts maintain high target prices, averaging $310.
The majority of recent options trades for McDonald's are bearish, indicating a negative short-term outlook from significant investors. However, analysts' high target prices suggest a potential long-term positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100