Darden Restaurants ( NYSE:DRI ), the parent company of popular chains like Olive Garden and LongHorn Steakhouse, is experiencing a shift in consumer behavior that reflects broader economic trends. While lower-income customers are cutting back on dining out, wealthier diners are showing an increased appetite for restaurant meals. CEO Rick Cardenas revealed that...
These Fast Food Giants consist of McDonalds, Starbucks, YUM! Brands, Restaurant Brands Inc, Chipotle, Wendys, Darden Restaurants, Brinker International... All Fibonacci Clusters are placed correctly. The 1 Month timeframe makes these charts realistic.
If you haven`t sold DRI here: Then analyzing the options chain and the chart patterns of DRI Darden Restaurants prior to the earnings report this week, I would consider purchasing the 160usd strike price Calls with an expiration date of 2024-1-19, for a premium of approximately $4.10. If these options prove to be profitable prior to the earnings release, I would...
Analyzing the options chain of DRI Darden Restaurants prior to the earnings report this week, I would consider purchasing the 160usd strike price Puts with an expiration date of 2023-7-21, for a premium of approximately $2.67. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your...