Behind the Scenes of McDonald's's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bullish trend in McDonald's (NYSE:MCD) options trading, with 15 unusual trades identified. 40% of traders were bullish, while 26% were bearish. Significant investors are targeting a price range of $170.0 to $300.0 for McDonald's. The stock is currently priced at $258.7, up 0.58%, with a neutral RSI. Analysts have mixed ratings, with a consensus target price of $297.67.
June 03, 2024 | 4:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
McDonald's has seen a bullish trend in options trading, with significant investors targeting a price range of $170.0 to $300.0. The stock is currently priced at $258.7, up 0.58%. Analysts have mixed ratings, with a consensus target price of $297.67.
The bullish trend in options trading and the significant price targets set by investors indicate a positive short-term outlook for McDonald's. The current stock price increase and mixed analyst ratings further support this trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100