McDonald's Unusual Options Activity For October 07
Portfolio Pulse from Benzinga Insights
Unusual options activity for McDonald's (NYSE:MCD) has been detected, with a significant number of trades indicating a bullish sentiment among investors. The options activity includes 26 extraordinary trades, with 65% leaning bullish. Analysts have set an average price target of $326.8, with some maintaining a Buy rating. The current stock price is $300.76, down 0.99%.
October 07, 2024 | 7:30 pm
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Unusual options activity for McDonald's indicates a bullish sentiment among investors, with 65% of trades leaning bullish. Analysts have set an average price target of $326.8, suggesting potential upside from the current price of $300.76.
The unusual options activity, with a majority of trades being bullish, suggests that investors expect positive movement in McDonald's stock. Analysts' price targets also indicate potential upside, supporting the bullish sentiment.
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