MCD - Options Database

MCD

MCDONALDS CORP

$238.65 -4.68%

(9/23 09:55) ◀

Wednesday, September 23, 2026 (10:00am)

▶ (9/23 10:10)

◀ 9/23 10:00 ▶

Option Volume

Detail

ℹ

Current (09/23 10:00am) 37,185

Calls: 26,416 (71%)

Puts: 10,769 (29%)

Prior (08/28) 7,296

Calls: 5,425 (74%)

Puts: 1,871 (26%)

Current vs Prior +409.66%

Calls: +386.93% (Calls)

Puts: +475.57% (Puts)

Prior 7-Day Total 254,313

Calls: 166,213 (65%)

Puts: 88,100 (35%)

Prior 7-Day Average 36,330

Calls: 23,744 (65%)

Puts: 12,585 (35%)

Current vs Prior 7-Day Avg +2.35%

Calls: +11.25%

Puts: -14.43%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/23 10:00am) $17.29M

Calls: $10.19M (59%)

Puts: $7.10M (41%)

Prior (08/28) $2.49M

Calls: $2.14M (86%)

Puts: $358.1K (14%)

Current vs Prior +593.23%

Calls: +376.85%

Puts: +1884.01%

Prior 7-Day Total $92.68M

Calls: $56.70M (61%)

Puts: $35.98M (39%)

Prior 7-Day Average $13.24M

Calls: $8.10M (61%)

Puts: $5.14M (39%)

Current vs Prior 7-Day Avg +30.59%

Calls: +25.75%

Puts: +38.22%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/23 10:00am) 0.41

Prior (08/28) 0.34

Current vs Prior +18.20%

Prior 7-Day Average 0.63

Current vs Prior 7-Day Avg -35.42%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/23 10:00am) 347,979

Calls: 213,860 (61%)

Puts: 134,119 (39%)

Prior (08/28) 316,069

Calls: 188,142 (60%)

Puts: 127,927 (40%)

Current vs Prior +10.10%

Prior 7-Day Total 1,856,429

Calls: 1,072,917 (58%)

Puts: 783,512 (42%)

Prior 7-Day Average 265,204

Calls: 153,273 (58%)

Puts: 111,930 (42%)

Current vs Prior 7-Day Avg +31.21%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (09/25) | Next (10/02)Expiry (10/16) | Next (11/20)

Current 2.75% | 3.95%5.31% | 9.13%

Prior 2.13% | 2.75%3.60% | 5.89%

Current vs Prior +28.93% | +43.68%+47.74% | +55.03%

Prior 7-Day Avg 2.74% | 3.70%4.75% | 7.55%

Current vs 7-Day Avg +0.20% | +6.60%+11.85% | +20.90%

Prior 7-Day Eod 2.13% | 2.75%5.18% | 8.83%

Current vs 7-Day Eod +28.93% | +43.68%+2.65% | +3.30%

Sentiment BEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 15.25% | 15.35%

Calls: 16.77% | 16.16%

Puts: 13.72% | 14.54%

Prior 73.22% | 14.31%

Calls: 45.45% | 13.79%

Puts: 101.00% | 14.84%

Current vs Prior -79.17% | +7.27%

Prior 7-Day Avg 30.54% | 14.43%

Calls: 22.57% | 15.27%

Puts: 38.52% | 13.59%

Current vs 7-Day Avg -50.07% | +6.38%

Liquidity Expensive

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Massive premium surge with dollar volume up 593% vs prior. Unusually high activity with volume up 410% vs prior - elevated interest. Extreme bullish P/C ratio of 0.41 - heavy call buying (26,416 calls vs 10,769 puts). Call-heavy open interest (213,860 calls vs 134,119 puts) suggests bullish positioning.

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BULLISH

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
10:00	BULLISH	BULLISH	BULLISH
09:55	BULLISH	BULLISH	BULLISH
09:50	BULLISH	BULLISH	BULLISH
09:45	BULLISH	BULLISH	BULLISH
09:40	BULLISH	BULLISH	BULLISH
09:35	BULLISH	BULLISH	BULLISH

📈 Options Analysis

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📉 Credit Spreads

📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

🦅 Iron Condors

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⚖️ Ratio Spreads

🛡️ Covered Calls

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Tightest Spreads

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Best Value <$1

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Ratio Spreads

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 51 of results (avg 7.5%, best 2.3%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$205.00	Oct 16	33.90	35.10	$34.50	3.5%	--	0.98	11
$195.00	Oct 16	43.75	46.25	$45.00	5.6%	--	0.99	41
$200.00	Oct 9	38.75	41.05	$39.90	5.8%	--	0.97	20
$200.00	Oct 16	38.75	41.15	$39.95	6.0%	2	0.99	17
$195.00	Oct 9	43.35	46.05	$44.70	6.0%	--	0.97	25

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$260.00	Sep 25	21.15	21.65	$21.40	2.3%	5	1.00	496
$265.00	Sep 25	25.90	26.80	$26.35	3.4%	79	1.00	170
$262.50	Sep 25	23.55	24.55	$24.05	4.2%	--	1.00	38
$270.00	Oct 16	30.30	31.85	$31.08	5.0%	48	0.94	1.4K
$265.00	Oct 16	25.40	26.75	$26.08	5.2%	62	0.93	771

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.45, cheapest $0.24)

CALLS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$260.00	Oct 16	0.61	0.70	$0.66	13.6%	641	0.10	2.2K

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$230.00	Sep 25	0.22	0.26	$0.24	16.7%	134	0.08	273

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 92 found (avg delta 0.83, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Sep 25	38.30	40.70	$39.50	6.1%	3	1.00	6
$195.00	Oct 16	43.75	46.25	$45.00	5.6%	--	0.99	41
$200.00	Oct 16	38.75	41.15	$39.95	6.0%	2	0.99	17
$195.00	Oct 30	43.55	46.65	$45.10	6.9%	--	0.99	26
$205.00	Oct 16	33.90	35.10	$34.50	3.5%	--	0.98	11

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$255.00	Sep 25	15.55	16.90	$16.23	8.3%	10	1.00	1.3K
$257.50	Sep 25	17.20	19.70	$18.45	13.6%	--	1.00	306
$260.00	Sep 25	21.15	21.65	$21.40	2.3%	5	1.00	496
$262.50	Sep 25	23.55	24.55	$24.05	4.2%	--	1.00	38
$265.00	Sep 25	25.90	26.80	$26.35	3.4%	79	1.00	170

Most actively traded options today. High liquidity = easy entry/exit. 191 active (total vol 20.9K, top 1.2K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$242.50	Sep 25	1.20	1.50	$1.35	22.2%	1.2K	0.31	51
$240.00	Sep 25	2.00	2.50	$2.25	22.2%	1.1K	0.44	49
$245.00	Oct 2	1.70	2.09	$1.90	20.5%	1.0K	0.29	53
$250.00	Sep 25	0.23	0.30	$0.27	25.9%	901	0.08	1.8K
$257.50	Sep 25	0.03	0.09	$0.06	100.0%	878	0.02	1.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$242.50	Sep 25	4.35	5.25	$4.80	18.8%	1.2K	0.69	1.3K
$240.00	Sep 25	3.05	3.50	$3.28	13.7%	986	0.56	857
$237.50	Sep 25	1.74	2.05	$1.90	16.3%	902	0.41	382
$245.00	Sep 25	6.45	7.30	$6.88	12.4%	476	0.80	2.2K
$240.00	Oct 16	5.65	6.20	$5.93	9.3%	476	0.52	2.0K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 11 strikes (avg 53.6%, max 65.7%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$240.00	Sep 25	Oct 30	36.7%	22.2%	65.7%	1.1K	71
$235.00	Sep 25	Oct 30	34.7%	22.3%	55.7%	58	149
$245.00	Sep 25	Oct 30	38.0%	25.0%	51.6%	444	174
$237.50	Sep 25	Oct 9	34.9%	23.1%	51.0%	341	22
$242.50	Sep 25	Oct 16	36.8%	25.5%	44.3%	1.2K	57

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$240.00	Sep 25	Oct 30	36.7%	22.2%	65.7%	1.0K	1.1K
$235.00	Sep 25	Oct 30	34.7%	22.3%	55.7%	480	751
$237.50	Sep 25	Oct 16	34.9%	22.7%	53.6%	1.1K	491
$245.00	Sep 25	Oct 30	38.0%	25.0%	51.6%	490	2.4K
$232.50	Sep 25	Oct 16	34.2%	22.7%	50.6%	413	212

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 114 found (best R:R 0.97, avg 7.31)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$230.00	$237.50	Oct 9	$4.79	$2.71	$4.79	79%	0.57	$234.79
$235.00	$240.00	Oct 23	$2.38	$2.62	$2.38	63%	1.10	$237.38
$235.00	$237.50	Oct 2	$1.20	$1.30	$1.20	67%	1.08	$236.20
$237.50	$240.00	Sep 25	$1.03	$1.47	$1.03	59%	1.43	$238.53
$240.00	$242.50	Oct 16	$0.90	$1.60	$0.90	48%	1.78	$240.90

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$247.50	$245.00	Oct 2	$1.27	$1.23	$1.27	78%	0.97	$246.23
$245.00	$242.50	Oct 9	$1.36	$1.14	$1.36	67%	0.84	$243.64
$250.00	$245.00	Oct 23	$3.32	$1.68	$3.32	73%	0.51	$246.68
$225.00	$220.00	Oct 9	$0.21	$4.79	$0.21	11%	22.81	$224.79
$247.50	$245.00	Oct 16	$1.58	$0.92	$1.58	71%	0.58	$245.92

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 88 found (best R:R 0.58, avg 0.26)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$267.50	$270.00	Oct 2	$0.35	$0.35	$2.15	94%	0.16	$267.85
$272.50	$275.00	Sep 25	$0.31	$0.31	$2.19	96%	0.14	$272.81
$277.50	$280.00	Sep 25	$0.30	$0.30	$2.20	96%	0.14	$277.80
$262.50	$265.00	Oct 2	$0.33	$0.33	$2.17	94%	0.15	$262.83
$272.50	$275.00	Oct 2	$0.29	$0.29	$2.21	95%	0.13	$272.79

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$235.00	$230.00	Oct 23	$1.84	$1.84	$3.16	62%	0.58	$233.16
$237.50	$235.00	Oct 2	$1.28	$1.28	$1.22	56%	1.05	$236.22
$230.00	$225.00	Oct 23	$1.15	$1.15	$3.85	75%	0.30	$228.85
$200.00	$195.00	Oct 30	$0.34	$0.34	$4.66	96%	0.07	$199.66
$230.00	$225.00	Oct 30	$1.34	$1.34	$3.66	72%	0.37	$228.66

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $1.36, cheapest $1.19)

CALLS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$240.00	Sep 25	Oct 2	$1.30	36.7%	26.8%
$237.50	Sep 25	Oct 2	$1.67	34.9%	26.0%
$242.50	Sep 25	Oct 2	$1.33	36.8%	28.0%

PUTS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$240.00	Sep 25	Oct 2	$1.19	36.7%	26.8%
$237.50	Sep 25	Oct 2	$1.42	34.9%	26.0%
$242.50	Sep 25	Oct 2	$1.25	36.8%	28.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 66 found (cheapest 2.17% of stock, avg 6.12%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$237.50	Sep 25	$3.28	$1.90	$5.18	$232.32	$242.68	2.17%
$240.00	Sep 25	$2.25	$3.28	$5.53	$234.47	$245.53	2.32%
$242.50	Sep 25	$1.35	$4.80	$6.15	$236.35	$248.65	2.58%
$235.00	Sep 25	$5.43	$1.08	$6.51	$228.49	$241.51	2.73%
$245.00	Sep 25	$0.81	$6.88	$7.69	$237.31	$252.69	3.22%
$240.00	Oct 2	$3.55	$4.47	$8.02	$231.98	$248.02	3.36%
$235.00	Oct 2	$6.15	$2.04	$8.19	$226.81	$243.19	3.43%
$237.50	Oct 2	$4.95	$3.32	$8.27	$229.23	$245.77	3.47%
$242.50	Oct 2	$2.68	$6.05	$8.73	$233.77	$251.23	3.66%
$247.50	Sep 25	$0.43	$8.73	$9.16	$238.34	$256.66	3.84%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 140 found (cheapest 0.21% of stock, avg 2.05%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$250.00	$230.00	Sep 25	$0.27	$0.24	$0.51	$229.49	$250.51
$247.50	$230.00	Sep 25	$0.43	$0.24	$0.67	$229.33	$248.17
$250.00	$232.50	Sep 25	$0.27	$0.54	$0.81	$231.69	$250.81
$247.50	$232.50	Sep 25	$0.43	$0.54	$0.97	$231.53	$248.47
$245.00	$230.00	Sep 25	$0.81	$0.24	$1.05	$228.95	$246.05
$250.00	$227.50	Oct 2	$0.83	$0.54	$1.37	$226.13	$251.37
$245.00	$232.50	Sep 25	$0.81	$0.54	$1.35	$231.15	$246.35
$260.00	$220.00	Oct 23	$1.06	$0.49	$1.55	$218.45	$261.55
$250.00	$235.00	Sep 25	$0.27	$1.08	$1.35	$233.65	$251.35
$250.00	$230.00	Oct 2	$0.83	$0.84	$1.67	$228.33	$251.67

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 178 found (best R:R 0.35, avg credit $0.83)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
225/228	268/270	Oct 2	$0.65	$1.85	83%	0.35	$226.85	$268.15
232/235	268/270	Oct 2	$1.16	$1.34	61%	0.87	$233.84	$268.66
225/228	262/265	Oct 2	$0.63	$1.87	82%	0.34	$226.87	$263.13
225/228	272/275	Oct 2	$0.59	$1.91	84%	0.31	$226.91	$273.09
232/235	262/265	Oct 2	$1.14	$1.36	60%	0.84	$233.86	$263.64
232/235	272/275	Oct 2	$1.10	$1.40	62%	0.79	$233.90	$273.60
228/230	272/275	Sep 25	$0.45	$2.05	87%	0.22	$229.55	$272.95
228/230	278/280	Sep 25	$0.44	$2.06	88%	0.21	$229.56	$277.94
228/230	268/270	Oct 16	$0.90	$1.60	69%	0.56	$229.10	$268.40
230/232	272/275	Sep 25	$0.61	$1.89	80%	0.32	$231.89	$273.11

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 120 found (best R:R 70.43, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$237.50	$240.00	$242.50	Sep 25	$0.13	$2.37	28%	18.23
$250.00	$255.00	$260.00	Oct 23	$0.18	$4.82	15%	26.78
$240.00	$242.50	$245.00	Oct 2	$0.09	$2.41	17%	26.78
$230.00	$235.00	$240.00	Oct 30	$0.48	$4.52	22%	9.42
$242.50	$245.00	$247.50	Sep 25	$0.16	$2.34	19%	14.63

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$245.00	$250.00	$255.00	Oct 30	$0.07	$4.93	17%	70.43
$240.00	$245.00	$250.00	Oct 23	$0.24	$4.76	22%	19.83
$230.00	$235.00	$240.00	Oct 23	$0.41	$4.59	26%	11.20
$235.00	$240.00	$245.00	Oct 30	$0.32	$4.68	22%	14.63
$237.50	$240.00	$242.50	Sep 25	$0.14	$2.36	28%	16.86

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 154 found (best net $-2.47, 130 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$200.00	$220.00	1:2	Oct 30	-$2.47	$17.53
$230.00	$237.50	1:2	Oct 9	-$1.19	$6.31
$220.00	$230.00	1:2	Oct 30	-$5.41	$4.59
$230.00	$235.00	1:2	Sep 25	-$1.68	$3.32
$230.00	$235.00	1:2	Oct 2	-$2.20	$2.80

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$235.00	$230.00	1:2	Oct 23	-$0.47	$4.53
$230.00	$225.00	1:2	Oct 23	-$0.01	$4.99
$240.00	$237.50	1:2	Sep 25	-$0.52	$1.98
$230.00	$225.00	1:2	Oct 30	-$0.52	$4.48
$237.50	$235.00	1:2	Sep 25	-$0.26	$2.24

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 50 found (best yield 2.91%, avg 0.72%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$240.00	Oct 30	$6.95	0.49	0.6%	2.91%	3.48%	57	22
$245.00	Oct 30	$4.75	0.40	2.7%	1.99%	4.65%	24	19
$250.00	Oct 30	$3.30	0.30	4.8%	1.38%	6.14%	81	98
$245.00	Oct 23	$3.95	0.38	2.7%	1.66%	4.32%	53	20
$240.00	Oct 23	$5.60	0.50	0.6%	2.35%	2.91%	8	3
$240.00	Oct 16	$5.20	0.48	0.6%	2.18%	2.74%	40	96
$255.00	Oct 30	$2.17	0.22	6.8%	0.91%	7.76%	78	264
$242.50	Oct 16	$4.10	0.42	1.6%	1.72%	3.33%	26	6
$250.00	Oct 23	$2.50	0.28	4.8%	1.05%	5.80%	73	63
$245.00	Oct 16	$3.20	0.35	2.7%	1.34%	4.00%	64	45

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Current Put/Call Breakdown

Total Calls 26,416

Total Puts 10,769

Put/Call Ratio 0.41

Net Difference 15,647

Prior's Put/Call Breakdown

Total Calls 5,425

Total Puts 1,871

Put/Call Ratio 0.34

Net Difference 3,554

Prior 7-Day Put/Call Summary

Total Calls 166,213

Total Puts 88,100

Average Put/Call Ratio 0.63

Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

🤖 AI Insights

📈 Options Analysis

Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

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