Financial giants have made a conspicuous bearish move on McDonald's. Our analysis of options history for McDonald's (NYSE:MCD) revealed 14 unusual trades.

Delving into the details, we found 35% of traders were bullish, while 64% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $301,796, and 9 were calls, valued at $957,551.

Projected Price Targets

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $280.0 to $310.0 for McDonald's over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for McDonald's's options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of McDonald's's whale activity within a strike price range from $280.0 to $310.0 in the last 30 days.

McDonald's Option Activity Analysis: Last 30 Days

Noteworthy Options Activity:

About McDonald's

After a thorough review of the options trading surrounding McDonald's, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

McDonald's's Current Market Status

• Currently trading with a volume of 1,038,481, the MCD's price is up by 1.01%, now at $291.07.
• RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
• Anticipated earnings release is in 68 days.

Expert Opinions on McDonald's

In the last month, 5 experts released ratings on this stock with an average target price of $332.0.

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.