MCD - Options Database

MCD

MCDONALDS CORP

$239.32 -4.41%

(9/23 10:10) ◀

Wednesday, September 23, 2026 (10:15am)

▶ (9/23 10:20)

◀ 9/23 10:15 ▶

Option Volume

Detail

ℹ

Current (09/23 10:15am) 49,002

Calls: 34,949 (71%)

Puts: 14,053 (29%)

Prior (08/28) 10,281

Calls: 7,469 (73%)

Puts: 2,812 (27%)

Current vs Prior +376.63%

Calls: +367.92% (Calls)

Puts: +399.75% (Puts)

Prior 7-Day Total 270,895

Calls: 178,381 (66%)

Puts: 92,514 (34%)

Prior 7-Day Average 38,699

Calls: 25,483 (66%)

Puts: 13,216 (34%)

Current vs Prior 7-Day Avg +26.62%

Calls: +37.15%

Puts: +6.33%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/23 10:15am) $24.40M

Calls: $14.51M (59%)

Puts: $9.89M (41%)

Prior (08/28) $4.17M

Calls: $3.41M (82%)

Puts: $757.2K (18%)

Current vs Prior +485.76%

Calls: +325.61%

Puts: +1206.76%

Prior 7-Day Total $101.23M

Calls: $61.50M (61%)

Puts: $39.73M (39%)

Prior 7-Day Average $14.46M

Calls: $8.79M (61%)

Puts: $5.68M (39%)

Current vs Prior 7-Day Avg +68.75%

Calls: +65.15%

Puts: +74.33%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/23 10:15am) 0.40

Prior (08/28) 0.38

Current vs Prior +6.80%

Prior 7-Day Average 0.63

Current vs Prior 7-Day Avg -35.88%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/23 10:15am) 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 2.63% | 3.81%5.31% | 9.18%

Prior 2.13% | 2.75%3.60% | 5.89%

Current vs Prior +23.27% | +38.57%+47.56% | +55.87%

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

Current vs 7-Day Avg -4.19% | +2.80%+11.71% | +21.56%

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

Current vs 7-Day Eod +23.27% | +38.57%+2.53% | +3.86%

Sentiment BEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 15.54% | 10.07%

Calls: 17.91% | 8.69%

Puts: 13.16% | 11.45%

Prior 73.22% | 14.31%

Calls: 45.45% | 13.79%

Puts: 101.00% | 14.84%

Current vs Prior -78.78% | -29.63%

Prior 7-Day Avg 30.54% | 14.43%

Calls: 22.57% | 15.27%

Puts: 38.52% | 13.59%

Current vs 7-Day Avg -49.12% | -30.21%

Liquidity Expensive

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🤖 AI Insights

Massive premium surge with dollar volume up 486% vs prior. Dollar volume significantly above 7-day average (69% higher). Unusually high activity with volume up 377% vs prior - elevated interest. Extreme bullish P/C ratio of 0.40 - heavy call buying (34,949 calls vs 14,053 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
10:15	BULLISH	BULLISH	BULLISH
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 69 of results (avg 7.5%, best 2.3%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$250.00	Oct 16	2.15	2.20	$2.17	2.3%	700	0.26	1.3K
$237.50	Oct 16	6.95	7.25	$7.10	4.2%	4	0.57	--
$200.00	Oct 30	39.50	41.55	$40.53	5.1%	2	0.96	4
$230.00	Oct 16	11.75	12.45	$12.10	5.8%	7	0.77	50
$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
$252.50	Sep 25	12.95	13.35	$13.15	3.0%	56	1.00	694
$260.00	Oct 16	20.55	21.20	$20.88	3.1%	51	0.90	2.2K
$245.00	Oct 16	8.45	8.75	$8.60	3.5%	174	0.63	3.0K
$250.00	Oct 16	11.80	12.45	$12.13	5.4%	260	0.75	4.4K
$255.00	Oct 2	15.30	16.15	$15.73	5.4%	18	0.93	452

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 7 found (avg $0.51, cheapest $0.16)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$250.00	Sep 25	0.15	0.18	$0.16	18.8%	1.1K	0.06	1.8K
$255.00	Oct 2	0.35	0.42	$0.39	17.9%	158	0.08	532
$250.00	Oct 2	0.85	1.00	$0.93	16.1%	355	0.17	334
$275.00	Oct 16	0.15	0.18	$0.16	18.8%	195	0.03	1.5K
$260.00	Oct 16	0.70	0.79	$0.75	12.0%	711	0.11	2.2K

PUTS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$232.50	Sep 25	0.38	0.46	$0.42	19.0%	171	0.13	163
$235.00	Sep 25	0.72	0.85	$0.78	16.7%	582	0.22	510

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 95 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%	2	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	12.95	13.35	$13.15	3.0%	56	1.00	694
$255.00	Sep 25	14.90	16.40	$15.65	9.6%	46	1.00	1.3K
$257.50	Sep 25	17.20	19.20	$18.20	11.0%	--	1.00	306
$260.00	Sep 25	19.85	21.40	$20.63	7.5%	9	1.00	496
$262.50	Sep 25	22.55	24.55	$23.55	8.5%	--	1.00	38

Most actively traded options today. High liquidity = easy entry/exit. 202 active (total vol 26.8K, top 1.6K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$242.50	Sep 25	1.22	1.35	$1.29	10.1%	1.6K	0.33	51
$240.00	Sep 25	2.14	2.35	$2.25	9.3%	1.5K	0.48	49
$245.00	Oct 2	1.82	2.01	$1.92	9.9%	1.1K	0.31	53
$250.00	Sep 25	0.15	0.18	$0.16	18.8%	1.1K	0.06	1.8K
$257.50	Sep 25	0.01	0.03	$0.02	100.0%	930	0.01	1.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$242.50	Sep 25	3.90	4.45	$4.18	13.2%	1.3K	0.68	1.3K
$237.50	Sep 25	1.39	1.71	$1.55	20.6%	1.2K	0.36	382
$240.00	Sep 25	2.48	2.83	$2.66	13.2%	1.1K	0.52	857
$240.00	Oct 16	5.35	5.85	$5.60	8.9%	603	0.50	2.0K
$235.00	Sep 25	0.72	0.85	$0.78	16.7%	582	0.22	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 42.3%, max 53.0%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$240.00	Sep 25	Oct 30	33.5%	21.9%	53.0%	1.5K	71
$237.50	Sep 25	Oct 16	32.9%	22.6%	45.7%	352	22
$235.00	Sep 25	Oct 30	32.6%	22.4%	45.3%	83	149
$242.50	Sep 25	Oct 16	33.5%	25.0%	33.8%	1.6K	57
$245.00	Sep 25	Oct 30	32.9%	24.7%	33.5%	517	174

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$240.00	Sep 25	Oct 30	33.5%	21.9%	53.0%	1.1K	1.1K
$237.50	Sep 25	Oct 16	32.9%	22.6%	45.7%	1.3K	491
$235.00	Sep 25	Oct 30	32.6%	22.4%	45.3%	609	751
$242.50	Sep 25	Oct 16	33.5%	25.0%	33.8%	1.5K	1.3K
$245.00	Sep 25	Oct 30	32.9%	24.7%	33.5%	512	2.4K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 115 found (best R:R 0.72, avg 7.45)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$230.00	$235.00	Oct 23	$2.90	$2.10	$2.90	75%	0.72	$232.90
$235.00	$237.50	Oct 9	$1.25	$1.25	$1.25	67%	1.00	$236.25
$232.50	$235.00	Oct 16	$1.42	$1.08	$1.42	71%	0.76	$233.92
$230.00	$235.00	Oct 30	$3.29	$1.71	$3.29	73%	0.52	$233.29
$270.00	$275.00	Oct 23	$0.13	$4.87	$0.13	8%	37.46	$270.13

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$240.00	$237.50	Oct 2	$1.00	$1.50	$1.00	51%	1.50	$239.00
$225.00	$220.00	Oct 9	$0.24	$4.76	$0.24	11%	19.83	$224.76
$230.00	$227.50	Oct 9	$0.33	$2.17	$0.33	19%	6.58	$229.67
$227.50	$225.00	Oct 16	$0.33	$2.17	$0.33	18%	6.58	$227.17
$242.50	$240.00	Sep 25	$1.52	$0.98	$1.52	68%	0.64	$240.98

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 90 found (best R:R 0.20, avg 0.25)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$277.50	$280.00	Sep 25	$0.42	$0.42	$2.08	95%	0.20	$277.92
$272.50	$275.00	Oct 2	$0.34	$0.34	$2.16	95%	0.16	$272.84
$267.50	$270.00	Oct 2	$0.34	$0.34	$2.16	94%	0.16	$267.84
$272.50	$275.00	Sep 25	$0.27	$0.27	$2.23	96%	0.12	$272.77
$277.50	$280.00	Oct 2	$0.25	$0.25	$2.25	96%	0.11	$277.75

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
$220.00	$215.00	Oct 30	$0.56	$0.56	$4.44	88%	0.13	$219.44
$235.00	$230.00	Oct 23	$1.63	$1.63	$3.37	63%	0.48	$233.37
$225.00	$220.00	Oct 23	$0.70	$0.70	$4.30	84%	0.16	$224.30
$230.00	$225.00	Oct 30	$1.19	$1.19	$3.81	73%	0.31	$228.81

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $1.40, cheapest $1.27)

CALLS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$240.00	Sep 25	Oct 2	$1.55	33.5%	26.1%
$242.50	Sep 25	Oct 2	$1.46	33.5%	26.2%
$237.50	Sep 25	Oct 2	$1.55	32.9%	25.7%

PUTS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$240.00	Sep 25	Oct 2	$1.27	33.5%	26.1%
$242.50	Sep 25	Oct 2	$1.17	33.5%	26.2%
$237.50	Sep 25	Oct 2	$1.38	32.9%	25.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 66 found (cheapest 2.05% of stock, avg 5.85%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$240.00	Sep 25	$2.25	$2.66	$4.91	$235.09	$244.91	2.05%
$237.50	Sep 25	$3.63	$1.55	$5.18	$232.32	$242.68	2.16%
$242.50	Sep 25	$1.29	$4.18	$5.47	$237.03	$247.97	2.29%
$235.00	Sep 25	$5.45	$0.78	$6.23	$228.77	$241.23	2.60%
$245.00	Sep 25	$0.68	$6.18	$6.86	$238.14	$251.86	2.87%
$240.00	Oct 2	$3.80	$3.93	$7.73	$232.27	$247.73	3.23%
$242.50	Oct 2	$2.75	$5.35	$8.10	$234.40	$250.60	3.38%
$237.50	Oct 2	$5.18	$2.93	$8.11	$229.39	$245.61	3.39%
$235.00	Oct 2	$6.65	$1.99	$8.64	$226.36	$243.64	3.61%
$247.50	Sep 25	$0.37	$8.30	$8.67	$238.83	$256.17	3.62%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 145 found (cheapest 0.16% of stock, avg 1.91%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$250.00	$230.00	Sep 25	$0.16	$0.23	$0.39	$229.61	$250.39
$250.00	$232.50	Sep 25	$0.16	$0.42	$0.58	$231.92	$250.58
$247.50	$230.00	Sep 25	$0.37	$0.23	$0.60	$229.40	$248.10
$247.50	$232.50	Sep 25	$0.37	$0.42	$0.79	$231.71	$248.29
$245.00	$230.00	Sep 25	$0.68	$0.23	$0.91	$229.09	$245.91
$250.00	$235.00	Sep 25	$0.16	$0.78	$0.94	$234.06	$250.94
$245.00	$232.50	Sep 25	$0.68	$0.42	$1.10	$231.40	$246.10
$247.50	$235.00	Sep 25	$0.37	$0.78	$1.15	$233.85	$248.65
$265.00	$220.00	Oct 23	$0.73	$0.70	$1.43	$218.57	$266.43
$245.00	$235.00	Sep 25	$0.68	$0.78	$1.46	$233.54	$246.46

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 195 found (best R:R 0.32, avg credit $0.82)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
228/230	278/280	Sep 25	$0.60	$1.90	88%	0.32	$229.40	$278.10
232/235	272/275	Oct 2	$1.11	$1.39	64%	0.80	$233.89	$273.61
232/235	268/270	Oct 2	$1.11	$1.39	63%	0.80	$233.89	$268.61
225/228	272/275	Oct 2	$0.56	$1.94	85%	0.29	$226.94	$273.06
228/230	272/275	Sep 25	$0.45	$2.05	89%	0.22	$229.55	$272.95
230/232	278/280	Sep 25	$0.61	$1.89	82%	0.32	$231.89	$278.11
225/228	268/270	Oct 2	$0.56	$1.94	84%	0.29	$226.94	$268.06
228/230	272/275	Oct 2	$0.63	$1.87	80%	0.34	$229.37	$273.13
230/232	272/275	Oct 2	$0.78	$1.72	73%	0.45	$231.72	$273.28
228/230	268/270	Oct 2	$0.63	$1.87	79%	0.34	$229.37	$268.13

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 137 found (best R:R 40.67, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$250.00	$255.00	$260.00	Oct 30	$0.19	$4.81	14%	25.32
$235.00	$237.50	$240.00	Oct 2	$0.09	$2.41	20%	26.78
$235.00	$240.00	$245.00	Oct 30	$0.48	$4.52	22%	9.42
$245.00	$250.00	$255.00	Oct 23	$0.42	$4.58	19%	10.90
$245.00	$247.50	$250.00	Oct 2	$0.09	$2.41	14%	26.78

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$235.00	$237.50	$240.00	Oct 2	$0.06	$2.44	20%	40.67
$220.00	$225.00	$230.00	Oct 23	$0.24	$4.76	16%	19.83
$242.50	$245.00	$247.50	Sep 25	$0.12	$2.38	22%	19.83
$230.00	$235.00	$240.00	Oct 30	$0.46	$4.54	22%	9.87
$230.00	$235.00	$240.00	Oct 23	$0.55	$4.45	25%	8.09

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 156 found (best net $-2.47, 132 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	$235.00	1:2	Sep 25	-$1.33	$3.67
$220.00	$230.00	1:2	Oct 30	-$5.54	$4.46
$230.00	$235.00	1:2	Oct 2	-$3.00	$2.00
$240.00	$242.50	1:2	Sep 25	-$0.33	$2.17

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$235.00	$230.00	1:2	Oct 23	-$0.71	$4.29
$237.50	$235.00	1:2	Sep 25	-$0.01	$2.49
$240.00	$237.50	1:2	Sep 25	-$0.44	$2.06
$225.00	$220.00	1:2	Oct 23	$0.00	$5.00
$230.00	$225.00	1:2	Oct 23	-$0.46	$4.54

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 50 found (best yield 3.03%, avg 0.79%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$240.00	Oct 30	$7.25	0.51	0.3%	3.03%	3.31%	69	22
$245.00	Oct 30	$4.90	0.41	2.4%	2.05%	4.42%	25	19
$240.00	Oct 23	$6.35	0.51	0.3%	2.65%	2.94%	53	3
$250.00	Oct 30	$3.30	0.31	4.5%	1.38%	5.84%	117	98
$245.00	Oct 23	$4.30	0.39	2.4%	1.80%	4.17%	57	20
$240.00	Oct 16	$5.65	0.50	0.3%	2.36%	2.64%	65	96
$255.00	Oct 30	$2.36	0.23	6.5%	0.99%	7.54%	108	264
$242.50	Oct 16	$4.50	0.44	1.3%	1.88%	3.21%	29	6
$250.00	Oct 23	$2.77	0.29	4.5%	1.16%	5.62%	77	63
$245.00	Oct 16	$3.55	0.37	2.4%	1.48%	3.86%	352	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 34,949

Total Puts 14,053

Put/Call Ratio 0.40

Net Difference 20,896

Prior's Put/Call Breakdown

Total Calls 7,469

Total Puts 2,812

Put/Call Ratio 0.38

Net Difference 4,657

Prior 7-Day Put/Call Summary

Total Calls 178,381

Total Puts 92,514

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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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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