MCD
MCD · Sep 21, 2026
$247.88
Shares
Hold
Fair value $289; the price is close to it, 14% under (range $176–$339, 4 of 4 models).
How we value it ›Prices as of 11:50 PM ET, Sep 21. Check the live quote before you send an order.
The put
Sell
Sell the Sep 25 $245 put. You get $186 now. In return you must buy 100 shares at $245 if MCD falls there by Sep 25.
If it goes against you: you buy 100 shares at $245, which after the $186 you keep works out to $243.14 a share. Below $243.14 you are down on the trade. From that day the shares take above is the one that applies.
The order
You get$186 (limit about $1.86)
If it fallsBuy 100 shares at $245
Cash to hold$24,500
Close earlyBuy back at about $1.67 ($167)
Chance you buy the sharesabout 34 in 100
ContractMCD Sep 25 $245 put
ActionSell to open
In your broker app: open the stock → Trade → Options → Sell to open → pick the contract shown here.
Why sell
The put: Sep 25, $245 strike, 4 days out. Pays $186. Roughly a 34-in-100 chance you end up buying the shares.
On paper: 69% a year. That number assumes MCD keeps moving like it did the past two years. Take that away and it is +15% a year. That is why we say sell.
Next earnings Nov 5, after this put ends. We never sell a put across a report.
If you already own 100 shares
Income call
For income on MCD you already hold: sell the Sep 25 $258 call and take $55 now. If MCD climbs to $258 by Sep 25, your 100 shares are sold at $258, so only do it if you're happy selling there.
If it climbs past $258 your 100 shares are sold at $258 and you keep the $55. That is the trade working, not a loss.
The call order
ActionSell to open
ContractMCD Sep 25 $258 call
You get$55 (limit about $0.55)
If it climbsYour 100 shares sell at $258
Close earlyBuy back at about $0.33 ($33)
Chance your shares are soldabout 14 in 100
After removing the trend+13% a year
First take on MCD. Result Sep 25. See the record
Everyone sees the same card. It is not advice for you personally. You can lose more than you collect.
PrivacyTermsHow to read thisHow we value itThe recordPerformance简体中文繁體中文한국어日本語DipBell by cleo research