Looking At McDonald's's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Recent options activity for McDonald's (NYSE:MCD) shows a bearish stance among significant investors, with 52% of trades being bearish. The price target for MCD ranges from $240 to $330. The stock is currently down 1.07% at $273.72, with RSI indicators suggesting it may be overbought. Analysts have mixed ratings, with an average target price of $293.
August 05, 2024 | 4:15 pm
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Recent options activity for McDonald's shows a bearish stance among significant investors, with 52% of trades being bearish. The stock is currently down 1.07% at $273.72, with RSI indicators suggesting it may be overbought. Analysts have mixed ratings, with an average target price of $293.
The majority of recent options trades for McDonald's are bearish, indicating a negative sentiment among significant investors. The stock is currently down, and RSI indicators suggest it may be overbought. Mixed analyst ratings with an average target price of $293 add to the uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100