Financial giants have made a conspicuous bullish move on McDonald's. Our analysis of options history for McDonald's (NYSE:MCD) revealed 18 unusual trades.
Delving into the details, we found 38% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $257,540, and 11 were calls, valued at $618,338.
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 $200.0 to $300.0 for McDonald's during the past quarter.
Volume & Open Interest Trends
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 $200.0 to $300.0, over the past month.
McDonald's 30-Day Option Volume & Interest Snapshot
Largest Options Trades Observed:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
MCD | CALL | SWEEP | BULLISH | 12/20/24 | $11.6 | $11.45 | $11.59 | $255.00 | $151.9K | 706 | 26 |
MCD | CALL | SWEEP | BEARISH | 01/16/26 | $34.95 | $33.05 | $33.5 | $240.00 | $147.2K | 161 | 2 |
MCD | CALL | SWEEP | BULLISH | 01/17/25 | $1.64 | $1.56 | $1.64 | $300.00 | $82.0K | 2.6K | 59 |
MCD | PUT | SWEEP | BULLISH | 12/20/24 | $32.45 | $31.1 | $31.1 | $280.00 | $55.9K | 55 | 0 |
MCD | PUT | SWEEP | NEUTRAL | 01/17/25 | $10.55 | $10.3 | $10.55 | $245.00 | $48.5K | 540 | 66 |
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.
Having examined the options trading patterns of McDonald's, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Where Is McDonald's Standing Right Now?
Currently trading with a volume of 1,898,161, the MCD's price is down by -0.61%, now at $248.47.
RSI readings suggest the stock is currently may be oversold.
Anticipated earnings release is in 27 days.
Expert Opinions on McDonald's
In the last month, 4 experts released ratings on this stock with an average target price of $293.25.
An analyst from Goldman Sachs has revised its rating downward to Neutral, adjusting the price target to $288.
An analyst from Guggenheim has decided to maintain their Buy rating on McDonald's, which currently sits at a price target of $280.
Reflecting concerns, an analyst from TD Cowen lowers its rating to Buy with a new price target of $305.
Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for McDonald's, targeting a price of $300.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.