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Looking At McDonald's's Recent Unusual Options Activity

Benzinga ·  Aug 5 12:15

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

Looking at options history for McDonald's (NYSE:MCD) we detected 19 trades.

If we consider the specifics of each trade, it is accurate to state that 31% of the investors opened trades with bullish expectations and 52% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $86,735 and 16, calls, for a total amount of $999,974.

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $240.0 to $330.0 for McDonald...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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