Investors Bullish on McDonald’s as Options Trading Activity Surges

High-rolling investors have recently taken a bullish stance on McDonald’s (MCD), catching the attention of retail traders. This notable activity was brought to light by Benzinga’s monitoring of public options data. Although the identities of these investors remain unknown, such a significant move in MCD often implies access to privileged information. In a single day, Benzinga’s options scanner unearthed 25 options trades for McDonald’s, a departure from the usual trading pattern. Among these major traders, sentiment appears to be divided, with 56% showcasing bullish behavior and 40% leaning bearish. The options activity includes one put valued at $27,784 and 24 calls totaling $1,520,655, indicating a substantial interest in McDonald’s stock price range reaching from $135.0 to $265.0 over the past three months.

McDonald’s, the world’s largest restaurant owner-operator, has reported system sales of $130 billion in 2023, running operations in over 42,000 stores across 115 markets. With a franchise-focused business model, McDonald’s mainly generates revenue from franchise royalties and lease payments, with the remainder coming from company-operated stores in key segments: the United States, international markets, and developmental/licensed markets. Evaluating the options trading trends of McDonald’s prompts a closer examination of the company’s overall market position and performance. Looking ahead, the average target price set by five experts for this stock stands at $292.0. It’s essential for traders to approach options trading with caution, considering the increased risks and potential rewards involved. Staying up-to-date on the latest McDonald’s options trades can be crucial for making informed decisions, and services like Benzinga Pro offer real-time alerts to keep investors informed about market movements.