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Surge in Options Activity for Three S&P 500 Components: McDonald’s Corp (MCD), Bio-Rad Laboratories Inc (BIO), Dollar Tree Inc (DLTR) Surge in Options Activity for Three S&P 500 Components: McDonald’s Corp (MCD), Bio-Rad Laboratories Inc (BIO), Dollar Tree Inc (DLTR)

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Today, the options trading volume in McDonald’s Corp (Symbol: MCD) caught the attention of investors, with a total of 22,854 contracts exchanging hands, representing about 2.3 million underlying shares. This surge accounted for around 63.2% of MCD’s average daily trading volume over the past month, which stood at 3.6 million shares. Notably, the $292.50 strike call option expiring on February 16, 2024, saw exceptional activity, with 7,803 contracts trading, equivalent to approximately 780,300 underlying shares of MCD.

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Bio-Rad Laboratories Inc (Symbol: BIO) also experienced a notable surge in options trading volume, with a total of 969 contracts so far today, representing approximately 96,900 underlying shares. This high level of activity accounted for 50.7% of BIO’s average daily trading volume over the past month (191,295 shares). The $340 strike call option expiring on February 16, 2024, saw an especially high volume, with 167 contracts trading, representing approximately 16,700 underlying shares of BIO.

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Furthermore, Dollar Tree Inc (Symbol: DLTR) saw options trading volume of 9,891 contracts, representing approximately 989,100 underlying shares or roughly 47.6% of DLTR’s average daily trading volume over the past month, which stood at 2.1 million shares. The $150 strike call option expiring on March 15, 2024, witnessed particularly high activity, with 1,777 contracts trading, representing approximately 177,700 underlying shares of DLTR.

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Investors seeking more information about available expirations for MCD options, BIO options, or DLTR options may visit StockOptionsChannel.com.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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