McDonald's Sees Unusual Call Options Trading Amid Dividend Hike

McDonald's Corporation (NYSE:MCD) saw an unusually high volume of call options trading on Thursday, with traders buying 34,476 call options.

This represents a 10% increase in activity compared to the typical daily volume of 31,213 call options.

The stock traded up $1.28 during midday trading, hitting $239.60, and had an average volume of 4,094,705 shares exchanged.

The company's dividend was recently increased by nearly 4%, reinforcing its appeal as a mature income investment and supporting the case that the stock's valuation has become more attractive after its decline.