McDonald's Target of Unusually High Options Trading (NYSE:MCD)

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McDonald’s (NYSE:MCD) saw unusually high options trading on Monday, with traders buying 80,687 call options, a 433% increase over the average daily volume, signaling significant bullish sentiment. This occurred despite the stock trading down to $334.97 after solid quarterly results that beat EPS and revenue estimates, and notable insider selling by its CEO and CMO. Analysts currently rate the stock as a “Hold” with a consensus target price of $337.57.

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