McDonald's stock stagnant after earnings, good for shorting OTM puts for income.
From Barchart: 2024-11-26 13:35:11
McDonald’s Corp stock has remained stagnant since its earnings report, presenting an opportunity for investors to profit by shorting out-of-the-money put options.
Investors looking to capitalize on McDonald’s stock stability can consider selling OTM put options to generate additional income.
McDonald’s stock has shown little movement in the past three weeks following its earnings release, making it an attractive option for investors interested in shorting OTM put options.
Read more at Barchart: McDonald’s Corp Stock is Treading Water – Ideal for Investors Shorting OTM Puts for Income