Strong Options Activity in Major Companies: McDonald’s, Hershey, and DoorDash
McDonald’s Corp Sees Surge in Trading Volume
Among the components of the Russell 3000 index, McDonald’s Corp (Symbol: MCD) experienced significant options trading today. So far, 49,892 contracts have been exchanged, equivalent to approximately 5.0 million underlying shares. This figure is about 115.8% of MCD’s average daily trading volume of 4.3 million shares over the past month. Notably, the $275 strike put option set to expire on December 20, 2024, recorded high activity with 10,052 contracts traded today—representing around 1.0 million underlying shares. Below is a chart illustrating MCD’s trading history over the past twelve months, with the $275 strike highlighted in orange:
Hershey Company Shows Increased Options Trading
The Hershey Company (Symbol: HSY) demonstrated robust options trading today, with 12,453 contracts traded. This amounts to approximately 1.2 million underlying shares or 106.5% of HSY’s average monthly volume of 1.2 million shares. A $175 strike put option set to expire on November 1, 2024, was particularly active, with 3,292 contracts traded today—translating to about 329,200 underlying shares. A chart of HSY’s trading history for the past twelve months appears below, marked to highlight the $175 strike:
DoorDash Inc Records High Options Activity
DoorDash Inc (Symbol: DASH) also reported substantial options trading today, with 27,319 contracts exchanged. This figure represents approximately 2.7 million underlying shares, amounting to around 101.3% of DASH’s average monthly trading volume of 2.7 million shares. The $150 strike put option that expires on November 1, 2024, saw 2,119 contracts traded today, equating to approximately 211,900 underlying shares. The chart below displays DASH’s twelve-month trading history, highlighting the $150 strike:
For more information on available options expirations for MCD, HSY, or DASH, visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
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