McDonald's Unusual Options Activity For November 01
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for McDonald's (NYSE:MCD), with a majority of investors taking a bullish stance. Whales have been targeting a price range from $220.0 to $265.0 for McDonald's over the last 3 months. The current price of MCD is $261.12, down 0.4%. Several financial institutions have given their ratings and price targets for McDonald's, with the highest being $325 by Stephens & Co.
November 01, 2023 | 6:01 pm
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McDonald's has seen unusual options activity, with a majority of investors taking a bullish stance. The current price of MCD is $261.12, down 0.4%. Several financial institutions have given their ratings and price targets for McDonald's, with the highest being $325 by Stephens & Co.
The unusual options activity indicates a high level of interest in McDonald's stock, with a majority of investors taking a bullish stance. This could potentially drive the stock price up in the short term. Additionally, several financial institutions have given their ratings and price targets for McDonald's, which could also influence the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100