MCD - Options Database

MCD

MCDONALDS CORP

$239.27 -4.43%

(9/23 10:00) ◀

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

▶ (9/23 10:15)

◀ 9/23 10:10 ▶

Option Volume

Detail

ℹ

Current (09/23 10:10am) 45,916

Calls: 32,524 (71%)

Puts: 13,392 (29%)

Prior (08/28) 9,553

Calls: 6,920 (72%)

Puts: 2,633 (28%)

Current vs Prior +380.64%

Calls: +370.00% (Calls)

Puts: +408.62% (Puts)

Prior 7-Day Total 262,164

Calls: 172,273 (66%)

Puts: 89,891 (34%)

Prior 7-Day Average 37,452

Calls: 24,610 (66%)

Puts: 12,841 (34%)

Current vs Prior 7-Day Avg +22.60%

Calls: +32.16%

Puts: +4.29%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/23 10:10am) $22.28M

Calls: $13.27M (60%)

Puts: $9.00M (40%)

Prior (08/28) $3.90M

Calls: $3.21M (82%)

Puts: $690.5K (18%)

Current vs Prior +470.69%

Calls: +313.11%

Puts: +1204.01%

Prior 7-Day Total $96.24M

Calls: $58.41M (61%)

Puts: $37.83M (39%)

Prior 7-Day Average $13.75M

Calls: $8.34M (61%)

Puts: $5.40M (39%)

Current vs Prior 7-Day Avg +62.03%

Calls: +59.08%

Puts: +66.59%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/23 10:10am) 0.41

Prior (08/28) 0.38

Current vs Prior +8.22%

Prior 7-Day Average 0.63

Current vs Prior 7-Day Avg -34.27%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/23 10:10am) 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 2.71% | 3.79%5.37% | 9.09%

Prior 2.13% | 2.75%3.60% | 5.89%

Current vs Prior +27.02% | +38.14%+49.34% | +54.49%

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

Current vs 7-Day Avg -1.28% | +2.49%+13.06% | +20.47%

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

Current vs 7-Day Eod +27.02% | +38.14%+3.76% | +2.94%

Sentiment BEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 17.54% | 10.58%

Calls: 19.18% | 9.71%

Puts: 15.90% | 11.45%

Prior 73.22% | 14.31%

Calls: 45.45% | 13.79%

Puts: 101.00% | 14.84%

Current vs Prior -76.04% | -26.07%

Prior 7-Day Avg 30.54% | 14.43%

Calls: 22.57% | 15.27%

Puts: 38.52% | 13.59%

Current vs 7-Day Avg -42.57% | -26.68%

Liquidity Expensive

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🤖 AI Insights

Massive premium surge with dollar volume up 471% vs prior. Dollar volume significantly above 7-day average (62% higher). Unusually high activity with volume up 381% vs prior - elevated interest. Extreme bullish P/C ratio of 0.41 - heavy call buying (32,524 calls vs 13,392 puts).

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
10:10	BULLISH	BULLISH	BULLISH
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

🎯 Tightest Spreads

💰 Best Value Under $1

📊 High Delta (ITM)

🔥 High Volume

⏰ Backwardation

📈 Debit Spreads

📉 Credit Spreads

📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

🦅 Iron Condors

🦋 Butterflies

⚖️ Ratio Spreads

🛡️ Covered Calls

🎯

Tightest Spreads

💰

Best Value <$1

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 62 of results (avg 7.7%, best 4.0%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$270.00	Oct 16	0.24	0.25	$0.25	4.0%	213	0.04	2.6K
$250.00	Oct 16	2.11	2.20	$2.16	4.2%	611	0.25	1.3K
$200.00	Oct 30	39.40	41.60	$40.50	5.4%	2	0.96	4
$242.50	Sep 25	1.23	1.30	$1.27	5.5%	1.3K	0.32	51
$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
$265.00	Sep 25	25.35	26.70	$26.03	5.2%	79	1.00	170
$260.00	Oct 16	20.35	21.50	$20.93	5.5%	51	0.91	2.2K
$255.00	Oct 16	15.90	16.80	$16.35	5.5%	50	0.84	1.6K
$270.00	Oct 2	29.65	31.35	$30.50	5.6%	1	1.00	38
$255.00	Oct 2	15.15	16.10	$15.63	6.1%	18	0.94	452

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 5 found (avg $0.68, cheapest $0.87)

CALLS (4)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$245.00	Sep 25	0.68	0.81	$0.75	17.3%	461	0.20	155
$250.00	Oct 2	0.76	0.92	$0.84	19.0%	326	0.16	334
$270.00	Oct 16	0.24	0.25	$0.25	4.0%	213	0.04	2.6K
$260.00	Oct 16	0.63	0.74	$0.69	15.9%	688	0.10	2.2K

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$235.00	Sep 25	0.79	0.95	$0.87	18.4%	559	0.23	510

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 94 found (avg delta 0.82, 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	43.40	46.25	$44.83	6.4%	--	0.99	41
$200.00	Oct 16	38.40	41.15	$39.78	6.9%	2	0.99	17
$195.00	Oct 30	43.85	46.65	$45.25	6.2%	1	0.99	26
$205.00	Oct 16	33.55	36.30	$34.92	7.9%	--	0.99	11

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$252.50	Sep 25	12.75	13.55	$13.15	6.1%	40	1.00	694
$255.00	Sep 25	14.85	16.40	$15.63	9.9%	24	1.00	1.3K
$257.50	Sep 25	17.20	19.20	$18.20	11.0%	--	1.00	306
$260.00	Sep 25	19.80	21.40	$20.60	7.8%	8	1.00	496
$262.50	Sep 25	22.95	24.60	$23.78	6.9%	--	1.00	38

Most actively traded options today. High liquidity = easy entry/exit. 200 active (total vol 25.2K, top 1.4K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$240.00	Sep 25	2.14	2.58	$2.36	18.6%	1.4K	0.47	49
$242.50	Sep 25	1.23	1.30	$1.27	5.5%	1.3K	0.32	51
$245.00	Oct 2	1.80	1.98	$1.89	9.5%	1.1K	0.30	53
$250.00	Sep 25	0.18	0.23	$0.21	23.8%	1.1K	0.07	1.8K
$257.50	Sep 25	0.01	0.06	$0.03	166.7%	896	0.01	1.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$242.50	Sep 25	3.85	4.80	$4.33	21.9%	1.3K	0.69	1.3K
$237.50	Sep 25	1.34	1.75	$1.55	26.5%	1.1K	0.37	382
$240.00	Sep 25	2.60	3.05	$2.83	15.9%	1.1K	0.53	857
$240.00	Oct 16	5.40	5.90	$5.65	8.8%	595	0.50	2.0K
$235.00	Sep 25	0.79	0.95	$0.87	18.4%	559	0.23	510

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 10 strikes (avg 45.1%, max 58.0%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$240.00	Sep 25	Oct 30	34.6%	21.9%	58.0%	1.5K	71
$235.00	Sep 25	Oct 30	33.7%	22.2%	51.6%	83	149
$237.50	Sep 25	Oct 16	32.2%	22.5%	43.0%	348	22
$245.00	Sep 25	Oct 30	34.0%	24.7%	37.8%	486	174
$242.50	Sep 25	Oct 16	33.2%	24.6%	35.2%	1.3K	57

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$240.00	Sep 25	Oct 30	34.6%	21.9%	58.0%	1.1K	1.1K
$235.00	Sep 25	Oct 30	33.7%	22.2%	51.6%	585	751
$237.50	Sep 25	Oct 16	32.2%	22.5%	43.0%	1.3K	491
$245.00	Sep 25	Oct 30	34.0%	24.7%	37.8%	506	2.4K
$242.50	Sep 25	Oct 16	33.2%	24.6%	35.2%	1.4K	1.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 114 found (best R:R 0.75, avg 7.28)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$230.00	$235.00	Oct 23	$2.85	$2.15	$2.85	75%	0.75	$232.85
$235.00	$237.50	Oct 9	$1.18	$1.32	$1.18	66%	1.12	$236.18
$235.00	$237.50	Sep 25	$1.48	$1.02	$1.48	77%	0.69	$236.48
$232.50	$235.00	Oct 16	$1.42	$1.08	$1.42	71%	0.76	$233.92
$265.00	$270.00	Oct 23	$0.11	$4.89	$0.11	9%	44.45	$265.11

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$240.00	$237.50	Oct 2	$1.02	$1.48	$1.02	51%	1.45	$238.98
$225.00	$220.00	Oct 9	$0.24	$4.76	$0.24	11%	19.83	$224.76
$230.00	$227.50	Oct 2	$0.19	$2.31	$0.19	15%	12.16	$229.81
$242.50	$240.00	Sep 25	$1.50	$1.00	$1.50	69%	0.67	$241.00
$230.00	$227.50	Oct 9	$0.34	$2.16	$0.34	20%	6.35	$229.66

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 89 found (best R:R 0.74, avg 0.26)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$277.50	$280.00	Sep 25	$1.06	$1.06	$1.44	91%	0.74	$278.56
$267.50	$270.00	Oct 2	$0.34	$0.34	$2.16	94%	0.16	$267.84
$262.50	$265.00	Oct 2	$0.30	$0.30	$2.20	94%	0.14	$262.80
$272.50	$275.00	Sep 25	$0.27	$0.27	$2.23	96%	0.12	$272.77
$272.50	$275.00	Oct 2	$0.28	$0.28	$2.22	95%	0.13	$272.78

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$200.00	$195.00	Oct 30	$0.32	$0.32	$4.68	96%	0.07	$199.68
$235.00	$232.50	Oct 2	$0.79	$0.79	$1.71	69%	0.46	$234.21
$225.00	$220.00	Oct 30	$0.81	$0.81	$4.19	81%	0.19	$224.19
$230.00	$225.00	Oct 23	$1.05	$1.05	$3.95	75%	0.27	$228.95
$235.00	$232.50	Oct 9	$0.87	$0.87	$1.63	66%	0.53	$234.13

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $1.32, cheapest $1.10)

CALLS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$240.00	Sep 25	Oct 2	$1.42	34.6%	26.1%
$242.50	Sep 25	Oct 2	$1.44	33.2%	26.1%
$237.50	Sep 25	Oct 2	$1.50	32.2%	25.5%

PUTS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$240.00	Sep 25	Oct 2	$1.10	34.6%	26.1%
$242.50	Sep 25	Oct 2	$1.07	33.2%	26.1%
$237.50	Sep 25	Oct 2	$1.36	32.2%	25.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 66 found (cheapest 2.17% of stock, avg 5.87%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$237.50	Sep 25	$3.65	$1.55	$5.20	$232.30	$242.70	2.17%
$240.00	Sep 25	$2.36	$2.83	$5.19	$234.81	$245.19	2.17%
$242.50	Sep 25	$1.27	$4.33	$5.60	$236.90	$248.10	2.34%
$235.00	Sep 25	$5.13	$0.87	$6.00	$229.00	$241.00	2.51%
$245.00	Sep 25	$0.75	$6.15	$6.90	$238.10	$251.90	2.88%
$240.00	Oct 2	$3.78	$3.93	$7.71	$232.29	$247.71	3.22%
$237.50	Oct 2	$5.15	$2.91	$8.06	$229.44	$245.56	3.37%
$242.50	Oct 2	$2.71	$5.40	$8.11	$234.39	$250.61	3.39%
$235.00	Oct 2	$6.65	$2.00	$8.65	$226.35	$243.65	3.62%
$247.50	Sep 25	$0.45	$8.25	$8.70	$238.80	$256.20	3.64%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 145 found (cheapest 0.28% of stock, avg 1.96%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$247.50	$230.00	Sep 25	$0.45	$0.23	$0.68	$229.32	$248.18
$247.50	$232.50	Sep 25	$0.45	$0.48	$0.93	$231.57	$248.43
$245.00	$230.00	Sep 25	$0.75	$0.23	$0.98	$229.02	$245.98
$245.00	$232.50	Sep 25	$0.75	$0.48	$1.23	$231.27	$246.23
$277.50	$230.00	Sep 25	$1.07	$0.23	$1.30	$228.70	$278.80
$250.00	$227.50	Oct 2	$0.84	$0.53	$1.37	$226.13	$251.37
$265.00	$220.00	Oct 23	$0.74	$0.73	$1.47	$218.53	$266.47
$247.50	$235.00	Sep 25	$0.45	$0.87	$1.32	$233.68	$248.82
$247.50	$195.00	Sep 25	$0.45	$0.97	$1.42	$193.58	$248.92
$250.00	$230.00	Oct 2	$0.84	$0.72	$1.56	$228.44	$251.56

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 187 found (best R:R 0.98, avg credit $0.85)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
228/230	278/280	Sep 25	$1.24	$1.26	83%	0.98	$228.76	$278.74
230/232	278/280	Sep 25	$1.31	$1.19	77%	1.10	$231.19	$278.81
232/235	278/280	Sep 25	$1.45	$1.05	67%	1.38	$233.55	$278.95
232/235	268/270	Oct 2	$1.13	$1.37	63%	0.82	$233.87	$268.63
225/228	268/270	Oct 2	$0.60	$1.90	84%	0.32	$226.90	$268.10
228/230	272/275	Sep 25	$0.45	$2.05	88%	0.22	$229.55	$272.95
232/235	262/265	Oct 2	$1.09	$1.41	62%	0.77	$233.91	$263.59
230/232	268/270	Oct 2	$0.83	$1.67	72%	0.50	$231.67	$268.33
225/228	262/265	Oct 2	$0.56	$1.94	83%	0.29	$226.94	$263.06
230/232	262/265	Oct 2	$0.79	$1.71	72%	0.46	$231.71	$263.29

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 132 found (best R:R 11.50, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$237.50	$240.00	$242.50	Sep 25	$0.20	$2.30	31%	11.50
$250.00	$255.00	$260.00	Oct 30	$0.15	$4.85	14%	32.33
$235.00	$237.50	$240.00	Sep 25	$0.19	$2.31	29%	12.16
$235.00	$240.00	$245.00	Oct 30	$0.45	$4.55	22%	10.11
$235.00	$237.50	$240.00	Oct 16	$0.05	$2.45	14%	49.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$237.50	$240.00	$242.50	Sep 25	$0.22	$2.28	32%	10.36
$235.00	$237.50	$240.00	Oct 2	$0.11	$2.39	20%	21.73
$270.00	$275.00	$280.00	Oct 23	$0.05	$4.95	7%	99.00
$232.50	$235.00	$237.50	Oct 2	$0.12	$2.38	19%	19.83
$210.00	$215.00	$220.00	Oct 30	$0.08	$4.92	8%	61.50

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 $-2.50, 128 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$200.00	$220.00	1:2	Oct 30	-$2.50	$17.50
$230.00	$235.00	1:2	Sep 25	-$0.66	$4.34
$220.00	$230.00	1:2	Oct 30	-$5.54	$4.46
$230.00	$235.00	1:2	Oct 2	-$2.95	$2.05
$240.00	$242.50	1:2	Sep 25	-$0.18	$2.32

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$240.00	$237.50	1:2	Sep 25	-$0.27	$2.23
$235.00	$230.00	1:2	Oct 23	-$0.79	$4.21
$230.00	$225.00	1:2	Oct 23	-$0.28	$4.72
$237.50	$235.00	1:2	Sep 25	-$0.19	$2.31
$240.00	$235.00	1:2	Oct 23	-$1.69	$3.31

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 50 found (best yield 2.97%, avg 0.77%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$240.00	Oct 30	$7.10	0.50	0.3%	2.97%	3.27%	68	22
$245.00	Oct 30	$4.75	0.40	2.4%	1.99%	4.38%	25	19
$240.00	Oct 23	$6.30	0.50	0.3%	2.63%	2.94%	50	3
$250.00	Oct 30	$3.30	0.31	4.5%	1.38%	5.86%	116	98
$245.00	Oct 23	$4.25	0.39	2.4%	1.78%	4.17%	55	20
$240.00	Oct 16	$5.60	0.50	0.3%	2.34%	2.65%	65	96
$255.00	Oct 30	$2.34	0.23	6.6%	0.98%	7.55%	100	264
$242.50	Oct 16	$4.45	0.43	1.4%	1.86%	3.21%	29	6
$250.00	Oct 23	$2.70	0.29	4.5%	1.13%	5.61%	76	63
$245.00	Oct 16	$3.55	0.37	2.4%	1.48%	3.88%	342	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 32,524

Total Puts 13,392

Put/Call Ratio 0.41

Net Difference 19,132

Prior's Put/Call Breakdown

Total Calls 6,920

Total Puts 2,633

Put/Call Ratio 0.38

Net Difference 4,287

Prior 7-Day Put/Call Summary

Total Calls 172,273

Total Puts 89,891

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

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📈 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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