McDonald's (MCD) Options Chain
NYSE: MCDConsumer DiscretionaryRestaurantsUSD
At close: Oct 8, 4:00 PM ET · Delayed 15 min
Pre-market: 236.50 -0.16%
Expiration date
- Expiration
- Oct 9, 2026
- Days to expiration
- 0
- Share price
- $236.90
- Put/call ratio (OI)
- 0.42
- Put/call ratio (volume)
- 0.15
- Expected move
- ±$0.1934
- Open interest (C / P)
- 15.74K / 6.68K
MCD options summary
The MCD options chain for the October 9, 2026 expiration lists 44 call and 38 put contracts, expiring today. Open interest stands at 15,738 calls and 6,682 puts, a put/call ratio of 0.42, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $237.50 strike is 1.6%, which implies the market expects a move of about ±$0.1934 (0.1%) in McDonald's stock by expiration.
The most open interest sits at the $242.50 call (2.87K contracts) and the $225.00 put (1.16K contracts).
Summary generated from market data by MetaCap's automated system. Methodology
MCD options chain · October 9, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| — | — | — | 165.00 | 0.00 | 0.00 | 0.03 | |||||
| 62.70 | 0.00 | 0.00 | 170.00 | 0.00 | 0.00 | 0.07 | |||||
| 59.52 | 0.00 | 0.00 | 175.00 | — | — | — | |||||
| 54.53 | 0.00 | 0.00 | 180.00 | 0.00 | 0.00 | 0.01 | |||||
| 48.99 | 0.00 | 0.00 | 185.00 | 0.00 | 0.00 | 0.05 | |||||
| 42.19 | 0.00 | 0.00 | 190.00 | 0.00 | 0.00 | 0.09 | |||||
| 38.94 | 0.00 | 0.00 | 195.00 | 0.00 | 0.00 | 0.04 | |||||
| 31.70 | 0.00 | 0.00 | 200.00 | 0.00 | 0.00 | 0.06 | |||||
| 29.49 | 0.00 | 0.00 | 205.00 | 0.00 | 0.00 | 0.11 | |||||
| 24.29 | 0.00 | 0.00 | 210.00 | 0.00 | 0.00 | 0.10 | |||||
| — | — | — | 212.50 | 0.00 | 0.00 | 0.12 | |||||
| 19.75 | 0.00 | 0.00 | 215.00 | 0.00 | 0.00 | 0.01 | |||||
| — | — | — | 217.50 | 0.00 | 0.00 | 0.02 | |||||
| 16.45 | 0.00 | 0.00 | 220.00 | 0.00 | 0.00 | 0.03 | |||||
| 13.45 | 0.00 | 0.00 | 222.50 | 0.00 | 0.00 | 0.01 | |||||
| 12.50 | 0.00 | 0.00 | 225.00 | 0.00 | 0.00 | 0.01 | |||||
| 9.30 | 0.00 | 0.00 | 227.50 | 0.00 | 0.00 | 0.03 | |||||
| 6.99 | 0.00 | 0.00 | 230.00 | 0.00 | 0.00 | 0.02 | |||||
| 4.51 | 0.00 | 0.00 | 232.50 | 0.00 | 0.00 | 0.16 | |||||
| 3.10 | 0.00 | 0.00 | 235.00 | 0.00 | 0.00 | 0.60 | |||||
| 1.01 | 0.00 | 0.00 | 237.50 | 0.00 | 0.00 | 1.53 | |||||
| 0.33 | 0.00 | 0.00 | 240.00 | 0.00 | 0.00 | 3.47 | |||||
| 0.09 | 0.00 | 0.00 | 242.50 | 0.00 | 0.00 | 6.15 | |||||
| 0.06 | 0.00 | 0.00 | 245.00 | 0.00 | 0.00 | 10.62 | |||||
| 0.04 | 0.00 | 0.00 | 247.50 | 0.00 | 0.00 | 14.15 | |||||
| 0.02 | 0.00 | 0.00 | 250.00 | 0.00 | 0.00 | 16.38 | |||||
| 0.01 | 0.00 | 0.00 | 252.50 | 0.00 | 0.00 | 18.92 | |||||
| 0.01 | 0.00 | 0.00 | 255.00 | 0.00 | 0.00 | 24.55 | |||||
| 0.01 | 0.00 | 0.00 | 257.50 | 0.00 | 0.00 | 24.07 | |||||
| 0.02 | 0.00 | 0.00 | 260.00 | 0.00 | 0.00 | 26.52 | |||||
| 0.10 | 0.00 | 0.00 | 262.50 | 0.00 | 0.00 | 22.00 | |||||
| 0.01 | 0.00 | 0.00 | 265.00 | 0.00 | 0.00 | 25.00 | |||||
| 0.05 | 0.00 | 0.00 | 267.50 | — | — | — | |||||
| 0.01 | 0.00 | 0.00 | 270.00 | 0.00 | 0.00 | 35.46 | |||||
| 0.03 | 0.00 | 0.00 | 272.50 | 0.00 | 0.00 | 37.76 | |||||
| 0.02 | 0.00 | 0.00 | 275.00 | 0.00 | 0.00 | 40.25 | |||||
| 0.01 | 0.00 | 0.00 | 280.00 | 0.00 | 0.00 | 45.84 | |||||
| 0.33 | 0.00 | 0.00 | 285.00 | — | — | — | |||||
| 0.01 | 0.00 | 0.00 | 290.00 | 0.00 | 0.00 | 56.18 | |||||
| 0.27 | 0.00 | 0.00 | 295.00 | 0.00 | 0.00 | 60.32 | |||||
| 0.01 | 0.00 | 0.00 | 300.00 | 0.00 | 0.00 | 65.31 | |||||
| 0.34 | 0.00 | 0.00 | 305.00 | — | — | — | |||||
| 0.32 | 0.00 | 0.00 | 310.00 | — | — | — | |||||
| 0.10 | 0.00 | 0.00 | 315.00 | — | — | — | |||||
| 0.01 | 0.00 | 0.00 | 320.00 | — | — | — | |||||
| 0.01 | 0.00 | 0.00 | 325.00 | — | — | — | |||||
| 0.01 | 0.00 | 0.00 | 330.00 | — | — | — | |||||
In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.
Frequently asked questions
What is the MCD put/call ratio?
For the October 9, 2026 expiration, the MCD put/call ratio based on open interest is 0.42 (6,682 puts vs 15,738 calls), and 0.15 based on today's volume. A ratio above 1 means more puts than calls.
What is MCD's implied volatility?
At-the-money implied volatility for MCD options expiring October 9, 2026 is about 1.6%, an annualized estimate of how much the market expects McDonald's stock to move.
How many MCD option expiration dates are there?
MCD has 15 listed expiration dates, from Oct 9, 2026 to Jan 19, 2029.
What does "in the money" mean?
A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.