Looking At McDonald's's Recent Unusual Options Activity

Deep-pocketed investors have adopted a bearish approach towards McDonald's MCD, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in MCD usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 14 extraordinary options activities for McDonald's. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 35% leaning bullish and 57% bearish. Among these notable options, 12 are puts, totaling $686,596, and 2 are calls, amounting to $94,708.

Expected Price Movements

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $270.0 to $310.0 for McDonald's during the past quarter.

Analyzing Volume & Open Interest

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for McDonald's's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across McDonald's's significant trades, within a strike price range of $270.0 to $310.0, over the past month.

McDonald's 30-Day Option Volume & Interest Snapshot

Biggest Options Spotted:

About McDonald's

McDonald's is the largest restaurant owner-operator in the world, with 2023 system sales of $130 billion across nearly than 42,000 stores and 115 markets. McDonald's pioneered the franchise model, building its footprint through partnerships with independent restaurant franchisees and master franchise partners around the globe. The firm earns roughly 60% of its revenue from franchise royalty fees and lease payments, with most of the remainder coming from company-operated stores across its three core segments: the United States, internationally operated markets, and international developmental/licensed markets.

Present Market Standing of McDonald's

• Trading volume stands at 1,081,337, with MCD's price up by 0.67%, positioned at $284.19.
• RSI indicators show the stock to be may be approaching oversold.
• Earnings announcement expected in 21 days.

Expert Opinions on McDonald's

A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $338.0.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * Showing optimism, an analyst from Citigroup upgrades its rating to Buy with a revised price target of $334. * An analyst from Loop Capital has revised its rating downward to Buy, adjusting the price target to $342.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest McDonald's options trades with real-time alerts from Benzinga Pro.