Whales with a lot of money to spend have taken a noticeably bearish stance on McDonald's.

Looking at options history for McDonald's (NYSE:MCD) we detected 8 trades.

If we consider the specifics of each trade, it is accurate to state that 25% of the investors opened trades with bullish expectations and 62% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $114,960 and 5, calls, for a total amount of $204,260.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $230.0 to $265.0 for McDonald's over the recent three months.

Analyzing Volume & Open Interest

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 $230.0 to $265.0 in the last 30 days.

McDonald's Call and Put Volume: 30-Day Overview

Biggest Options Spotted:

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.

Current Position of McDonald's

• Currently trading with a volume of 924,837, the MCD's price is down by -0.92%, now at $251.19.
• RSI readings suggest the stock is currently may be oversold.
• Anticipated earnings release is in 57 days.

Expert Opinions on McDonald's

In the last month, 5 experts released ratings on this stock with an average target price of $310.0.

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.

If you want to stay updated on the latest options trades for McDonald's, Benzinga Pro gives you real-time options trades alerts.