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McDonald's Unusual Options Activity For October 10

Benzinga ·  Oct 11 01:20

Financial giants have made a conspicuous bullish move on McDonald's. Our analysis of options history for McDonald's (NYSE:MCD) revealed 8 unusual trades.

Delving into the details, we found 50% of traders were bullish, while 25% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $186,300, and 2 were calls, valued at $173,193.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $300.0 to $320.0 for McDonald's over the recent three months.

Analyzing Volume & Open Interest

Assessing the volume and open interest is a strategic...

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