Cash-Secured Put Entries on Mega Caps
Cash-Secured Put16 trades pass on MCD
- Annualized return
- 2.2% to 11.7%
- Probability of profit
- 81.4% to 97.6%
Mcdonalds Corp · Consumer
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MCD last closed at $271.97 with 30-day implied volatility of 21.1%. That is in the lower half of its one-year range (IV rank 46), so premiums are on the modest side for MCD. Measured by IV percentile, IV is higher than 48% of the past year's readings. Options expiring Dec 11 (28 days out) price a one standard deviation move of about $15.95, or 5.9%.
The price is above its 50-day moving average (+8.7%) but still below its 200-day (-3.4%). It is 20.3% below its 52-week high and 17.8% above its 52-week low. The 14-day RSI of 61.8 is between 30 and 70, neither overbought nor oversold. The 14-day average true range is $6.22, about 2.3% of the price, a measure of a typical day's range.
Option volume at the close (17.1K contracts) was 0.6x its average, quieter than usual. A beta of 0.06 means MCD has tended to move about 0.1 times as much as the broad market. 4 of our preset screens found trades on MCD at the close, led by Cash-Secured Put Entries on Mega Caps with 16 trades.
Expected move = price x at-the-money IV x the square root of (days to expiration / 365), a one standard deviation range. The straddle is the at-the-money call plus put, the market's own price for a move. Compare expected moves across stocks.
| Expiration | IV | Expected move | 1 SD range | Straddle |
|---|---|---|---|---|
| Nov 20, 20267 days | 21.6% | ±$8.15 (3.0%) | $263.82 to $280.12 | $6.51 |
| Dec 11, 202628 days | 21.2% | ±$15.95 (5.9%) | $256.02 to $287.92 | $12.88 |
| Jan 15, 202763 days | 20.8% | ±$23.48 (8.6%) | $248.49 to $295.45 | $18.88 |
Each expiration has its own implied volatility, and short-dated IV reacts more to near-term events, so the nearest expiration can differ a lot from the 30-day figure.
Counts and ranges for MCD from our preset scans at the last close. Open a preset in the app to see each trade with its strikes, prices, and risk, refreshed intraday. Income strategies show annualized return; the rest show return on risk.
16 trades pass on MCD
3 trades pass on MCD
1 trade passes on MCD
1 trade passes on MCD
Market data as of the prior close, for information and education only. Not investment advice. Options involve substantial risk and are not suitable for every investor. See our Terms of Service.