Looking at the MCD McDonald's Corporation options chain, i would buy the $265 strike price Calls with
2022-11-25 expiration date for about
$2.90 premium.
Looking forward to read your opinion about it.
Entry price: 240-243$
Target price: 254-255$
Chart pattern: symmetrical triangle
RSI: neutral, oscillating near to 50 level
Conclusions: The price already broke up the upper line of the chart pattern, moreover RSI shows further bullish potential. Therefore, the long position is recommended with the entry price above the breakout.
Above information should be...
