La cadena de opciones muestra datos clave de las opciones de acciones de Yum Brands a varios precios de ejercicio y fechas de vencimiento. Los operadores utilizan esta información para analizar posibles operaciones y evaluar el sentimiento del mercado para Yum Brands..

Yum Brands (NYSE:YUM) Bolsa, Cadena de Opciones

Yum Brands

Yum Brands is a US-based restaurant operator featuring a portfolio of four brands: KFC (29,900 global units at year-end 2023), Pizza Hut (19,866 units), Taco Bell (8,564 units), and The Habit Burger Grill (381 units). With $64 billion in 2023 systemwide sales, the firm is the second-largest restaurant company in the world behind McDonald's ($130 billion), ahead of Restaurant Brands International ($43 billion) and Starbucks ($29 billion). Yum is 98% franchised, with the largest franchisee, wide-moat Yum China, spun out in 2016, after which Yum China agreed to pay 3% royalties to Yum Brands in perpetuity. Yum is the newest evolution of Tricon, formerly a division of PepsiCo, and generates the bulk of its revenue from franchise royalties and marketing contributions.

Yum Brands Inc

Yuma Energy Inc

Yum China Holdings Inc

YUM CHINA ORD

YUMY CANDY CO INC by The Yumy Candy Company Inc.

The Yumy Candy Co Inc

Yummies Inc

YUMMY

Demae-Can Co Ltd

VanEck Vectors ETF Trust ETF Trust VanEck Future of Food ETF

Earnings

Earnings Misses

News

Yum Brands Earlier Reported Q3 Sales $1.826B Miss $1.899B Estimate

Yum! Brands Exepcts Q4 Core Operating Profit Growth To Be In The Mid-To-High Single Digits, Excluding Contribution From 53rd Week; Says Sales Did Not Meet Expectations In Key Markets Of China And The Middle East; Tempering Expectations In Q4

Global

Yum Brands Exec Says Several Markets Became More Intentional In Pursuing Value, Including China, India And Countries Within The Middle East In Q3

Yum Brands Says Most Pronounced Regional Headwinds Continue To Be In The Middle East, Indonesia, Malaysia Stemming From The Middle East Conflict

Yum! Brands Reports Taco Bell U.S. Same-Store Sales Growth +4%, KFC International Unit Growth +9%

Yum Brands Q3 2024 Adj. EPS $1.37 Misses $1.41 Estimate

U.S. stocks could open on a tentative note on Tuesday after the <a href="https://www.benzinga.com/news/earnings/24/11/41696201/market-volatility-soars-ahead-of-elections-tech-earnings-mixed-strikes-and-hurricanes-knock-employm">averages registered a mixed October</a>. Futures of all three major indices were slightly up on Tuesday, pointing to a cautious sentiment on Wall Street.
While the S&amp;P 500 and Dow Jones snapped their six-week winning streak, the Nasdaq Composite chalked its seventh straight week of gains to round off a volatile October.
America goes to polls on Tuesday to elect its 47th president, and data so far suggests that it will be a neck-to-neck race between Democratic candidate&nbsp;Kamala Harris&nbsp;and Republican nominee&nbsp;Donald Trump.
Another factor playing on investors' minds will be the Federal Open Market Committee's (FOMC) rate decision – the prevailing sentiment is that the Fed will deliver a 25-basis point cut.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Performance (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>0.27%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.16%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.12%</td>
</tr>
<tr>
<td>R2K</td>
<td>0.05%</td>
</tr>
</tbody>
</table>
</figure>
In premarket trading on Tuesday,&nbsp;the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 0.16% to $570.71 and the&nbsp;Invesco QQQ ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) edged up by 0.25% to $487.24, according to&nbsp;<a href="https://benzinga.grsm.io/lxquj26b2sag" target="_blank" rel="noreferrer noopener">Benzinga Pro data</a>.
Cues From Last Session:
The Dow Jones tumbled over 250 points on Monday, closing the day down by 0.61%. The other two averages also declined amid declining investor sentiment and rising fear in the market.
Oil prices continued to rebound after tanking the week before, amid delays in production output increase by the Organization of the Petroleum Exporting Countries, or OPEC.
Treasury yields continued to rise, signaling concerns that regardless of who wins the elections, the next administration might struggle with fiscal discipline. This sentiment was further exacerbated by the International Monetary Fund's warnings on the long-term trajectory <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41495286/deficit-strain-in-washington-will-get-worse-imf-warns-national-debt-projections-rev" target="_blank" rel="noreferrer noopener">of the U.S. national debt</a>.
On the economic data front, U.S. factory orders declined by 0.5% from the previous month to $584.2 billion in September compared to a revised 0.8% fall in August.
Most sectors on the S&amp;P 500 closed on a negative note, with utilities, communication services, and financials stocks recording the biggest losses on Monday.
However, energy and real estate stocks bucked the overall market trend, closing the session higher.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>-0.33%</td>
<td>18,179.98</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.28%</td>
<td>5,712.62</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.61%</td>
<td>41,794.60</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.40%</td>
<td>2,219.03</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
Ryan Detrick, chief market strategist at Carson Group, underscored that stocks perform well on election day, which could assuage investor concerns amid rising volatility.
"What really stands out is how well stocks have done after the 10 most recent elections. Higher a year later 9 times and up 15.2% on avg (median of 17.2%)," he said.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Here&#39;s how stocks have done after the past 24 elections. What really stands out is how well stocks have done after the 10 most recent elections. Higher a year later 9 times and up 15.2% on avg (median of 17.2%). <a href="https://t.co/ztim9o3RxP">pic.twitter.com/ztim9o3RxP</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1853476226741989530?ref_src=twsrc%5Etfw">November 4, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Echoing Detrick's sentiment, WisdomTree and Wharton School economist&nbsp;Jeremy Siegel said the equity bull run could continue.
"In the near term, stock markets seem poised for further gains, bolstered by resilient earnings and steady economic fundamentals, while bond markets will likely grapple with higher yields and volatility ahead," he said.
"The bull market in stocks looks set to continue, while bonds face a rougher road."
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How To Trade Futures</a>
Upcoming Economic Data
Tuesday's economic calendar is fairly light.
<ul>
<li>On Tuesday, U.S. trade deficit data will be released at 8:30 a.m. ET.</li>
<li>ISM services data will be released at 10 a.m. ET.</li>
<li>API weekly crude oil stock data will be released at 4:30 p.m. ET.</li>
</ul>
Stocks In Focus:
<ul>
<li>Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) shares soared 5.6% on election eve.</li>
<li>Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) shares surged 13% in premarket trading after the company delivered strong performance and raised guidance.</li>
<li>Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) shares rose nearly 2% after striking machinists ratified a new deal late Monday, ending a seven-week-long strike.</li>
<li>NXP Semiconductors NV (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>) stock fell over 5% after the company's soft guidance, despite beating expectations in the September quarter.</li>
<li>Investors are awaiting earnings results from Archer-Daniels-Midland Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADM#NYSE">ADM</a>), Yum! Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUM#NYSE">YUM</a>) and Cummins Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMI#NYSE">CMI</a>) today.</li>
</ul>
Commodities, Bonds And Global Equity Markets:
Crude oil futures surged in the early New York session, rising by 0.4% after OPEC announced a delay in increasing production.
The 10-year Treasury note yield surged to 4.311%.
Major Asian markets ended in the green on Tuesday, and European stocks showed strength as well in early trading.
Read Next:
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<li><a href="https://www.benzinga.com/markets/equities/24/11/41736062/boeing-workers-end-seven-week-strike-by-accepting-new-contract-with-major-pay-increases">Boeing Workers End Seven-Week Strike By Accepting New Contract With Major Pay Increases</a></li>
</ul>
Photo courtesy: Wikimedia

Equities

Futures

Economics

Federal Reserve

Pre-Market Outlook

Markets

Movers

Trading Ideas

NXPI

PLTR

US Stocks Set For Cautious Start As Investors Brace For Volatility On Election Day: Expert Points To 'Pretty Well Overall' Historical Performance

The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the &#8220;Fear&#8221; zone on Monday.
U.S. stocks settled lower on Monday, with the Dow Jones index falling more than 250 points as investors braced for the high-stakes presidential election.
On the economic data front, U.S. factory orders declined by 0.5% from the previous month to $584.2 billion in September compared to a revised 0.8% fall in August.
Yum China Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUMC#NYSE">YUMC</a>) shares gained more than 7% on Monday after the company reported better-than-expected third-quarter EPS and revenue.
Shares of Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) have gained around 182% year-to-date, while Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) has lost over half its value this year.
Most sectors on the S&amp;P 500 closed on a negative note, with utilities, communication services, and financials stocks recording the biggest losses on Monday. However, energy and real estate stocks bucked the overall market trend, closing the session higher.
The Dow Jones closed lower by around 258 points to 41,794.60 on Monday. The S&amp;P 500 fell 0.28% to 5,712.69, while the Nasdaq Composite fell 0.33% to close at 18,179.98 during Monday's session.
Investors are awaiting earnings results from Archer-Daniels-Midland Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADM#NYSE">ADM</a>), Yum! Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUM#NYSE">YUM</a>) and Cummins Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMI#NYSE">CMI</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 42.9, the index remained in the &#8220;Fear&#8221; zone on Monday, versus a prior reading of 44.5.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: 
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<li><a href="https://www.benzinga.com/news/24/11/41713185/top-4-tech-and-telecom-stocks-that-may-collapse-this-month">Top 4 Tech And Telecom Stocks That May Collapse This Month</a></li>
</ul>
Photo courtesy: Shutterstock

INTC

NVDA

YUMC

Dow Tumbles 250 Points As Investors Brace For High-Stakes Presidential Election: Greed Index Enters 'Fear' Zone

With U.S. stock futures trading mixed this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Archer-Daniels-Midland Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADM#NYSE">ADM</a>) to report quarterly earnings at $1.25 per share on revenue of $21.35 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Archer-Daniels-Midland shares rose 0.8% to $55.75 in after-hours trading.</li>
<li>Analysts expect Yum! Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUM#NYSE">YUM</a>) will post quarterly earnings at $1.41 per share on revenue of $1.9 billion. The company will release earnings before the markets open. Yum! Brands shares fell 0.5% to $132.06 in after-hours trading.</li>
<li>Lattice Semiconductor Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSCC#NASDAQ">LSCC</a>) reported in-line earnings for its third quarter on Monday. The company reported quarterly earnings of 24 cents per share, which met the analyst consensus estimate. Quarterly revenue came in at $127.091 million, compared to the analyst consensus estimate of $127.092 million. Lattice Semiconductor said it sees fourth-quarter revenue in a range of $112 million to $122 million, versus the $132.03 million estimate. Lattice Semiconductor shares tumbled 17.7% to $42.70 in the after-hours trading session.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>After the markets close, Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) is projected to report quarterly earnings at 75 cents per share on revenue of $6.45 billion. Super Micro Computer shares fell 0.3% to $25.96 in the after-hours trading session.</li>
<li>Analysts expect Cummins Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMI#NYSE">CMI</a>) to report quarterly earnings at $4.80 per share on revenue of $8.29 billion before the opening bell. Cummins shares gained 1% to $329.00 in after-hours trading.</li>
</ul>
Check This Out:
<ul>
<li> <a href="https://www.benzinga.com/news/24/11/41713185/top-4-tech-and-telecom-stocks-that-may-collapse-this-month">Top 4 Tech And Telecom Stocks That May Collapse This Month</a></li>
</ul>
Photo courtesy: Shutterstock

LSCC

SMCI

Archer-Daniels-Midland, Yum! Brands And 3 Stocks To Watch Heading Into Tuesday

The U.S. copyright office has granted an exemption allowing third-party repairs of the frequently malfunctioning ice cream machines at McDonald&#8217;s Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>).
What Happened: Last week, the U.S. copyright office gave the green light to&nbsp;third parties to diagnose and&nbsp;repair commercial equipment, including McDonald&#8217;s notorious ice cream machines.
This decision enables franchise owners to circumvent the digital locks that previously barred them from fixing the machines themselves.
The exemption is a part of the Copyright Office&#8217;s final rule granting exceptions&nbsp;to Section 1201 of the&nbsp;Digital Millennium Copyright Act or DMCA. The law had earlier forbidden&nbsp;anyone other than the manufacturer,&nbsp; from bypassing its software&nbsp;locks.
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/10/41517027/five-us-banks-face-billions-in-losses-as-silvers-price-spike-hits-short-sellers-hard-report?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Five US Banks Face Billions In Losses As Silver&#8217;s Price Spike Hits Short Sellers Hard: Report</a>
However, following a machine teardown last year, iFixit and Public Knowledge filed for an exemption, which received support from&nbsp;the Federal Trade Commission and&nbsp;Department of Justice.
While the decision does not fully cover the request for an exemption for a broader range of commercial and industrial equipment, it does address the issue with McDonald&#8217;s ice cream machines.
The exemption will officially come&nbsp;into effect on Oct. 28.
Why It Matters: This development comes at a time when McDonald&#8217;s has been grappling with other issues. The fast-food giant recently faced an&nbsp;E. Coli scare&nbsp;linked to its Quarter Pounder burgers, which <a href="https://www.benzinga.com/news/24/10/41468120/mcdonalds-stock-drops-after-cdc-identifies-e-coli-outbreak-linked-to-quarter-pounders">led to a drop in its stock</a>.
As a result, McDonald&#8217;s and its rivals, including&nbsp;Restaurant Brands International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QSR#NYSE">QSR</a>)&nbsp;and&nbsp;Yum Brands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUM#NYSE">YUM</a>),&nbsp;<a href="https://www.benzinga.com/news/24/10/41535638/mcdonalds-rivals-burger-king-yum-brands-remove-onions-from-menus-amid-quarter-pounder-e-coli-scare">removed onions</a>&nbsp;from their menus.
However, McDonald&#8217;s has now announced that its&nbsp;Quarter Pounders are making a comeback&nbsp;after beef was ruled out as the<a href="https://www.benzinga.com/markets/equities/24/10/41565765/mcdonalds-quarter-pounders-to-make-a-comeback-after-beef-ruled-out-as-main-culprit-in-e-coli-sca"> main culprit in the E.Coli scare</a>.
The Food and Drug Administration, or FDA, had also <a href="https://www.benzinga.com/news/24/10/41527681/fda-launches-investigation-into-mcdonalds-supplier-taylor-farms-following-e-coli-outbreak">launched an&nbsp;investigation</a>&nbsp;into McDonald&#8217;s supplier, Taylor Farms, following the outbreak.
The outbreak has been linked to 49 reported cases of E. coli, leading to 10 hospitalizations and one fatality.
Read Next:
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<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/10/41544210/jim-cramer-buy-broadcom-but-stay-away-from-these-stocks?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Jim Cramer: Buy Broadcom, But Stay Away From These Stocks</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo courtesy: LadyDucayne via Flickr

Media

General

McDonald's Broken Ice Cream Machines Can Finally Be Fixed As New Copyright Exemption Allows 3rd Party Repairs

In response to an E. coli outbreak associated with fresh onions, leading U.S. fast-food chains including McDonald&#8217;s Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>), Restaurant Brands International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QSR#NYSE">QSR</a>), and Yum Brands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUM#NYSE">YUM</a>) have decided to remove the vegetable from their menus. The outbreak has reportedly caused 49 illnesses and one fatality.
What Happened: As reported by Reuters, the parent company of Burger King, Restaurant Brands International, and Yum Brands have also decided to eliminate fresh onions from their offerings. A spokesperson confirmed that about 5% of Burger King outlets have already implemented this change.
&#8220;We&#8217;ve been told by corporate to not use any onions going forward for the foreseeable future,&#8221; said Maria Gonzales, a manager at a Longmont, Colorado Burger KIng, according to the report.
McDonald&#8217;s identified Taylor Farms as the source of the contaminated onions, which have now been recalled. Yellow onions from a Colorado facility have been recalled, according to a memo by US Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USFD#NYSE">USFD</a>), a major U.S. food service supplier.
The U.S. Food and Drug Administration announced that Taylor Farms, the supplier for the impacted McDonald&#8217;s locations, has started a recall. The health regulator is working with both federal and state authorities and the companies to establish if onions led to the outbreak.
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41510042/peter-schiff-warns-investors-against-keeping-20k-in-cash-one-of-the-riskiest-bets-y?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Peter Schiff Warns Investors Against Keeping $20K In Cash: &#8216;One Of The Riskiest Bets You Can Make&#8217;</a>
Why It Matters: This outbreak follows a recent report of E. coli cases linked to McDonald&#8217;s hamburgers, which led to a <a href="https://www.benzinga.com/news/24/10/41494285/mcdonalds-stock-is-tumbling-wednesday-heres-why">drop in the company&#8217;s shares</a>. The U.S. Centers for Disease Control announced that 49 cases of E. coli were detected across 10 states, with the majority of sick people reporting eating Quarter Pounder hamburgers from McDonald&#8217;s.
The FDA has launched an <a href="https://www.benzinga.com/news/24/10/41527681/fda-launches-investigation-into-mcdonalds-supplier-taylor-farms-following-e-coli-outbreak">investigation</a> into Taylor Farms, the supplier of McDonald&#8217;s, after multiple people fell ill with E. coli linked to the restaurant chain&#8217;s Quarter Pounder. The FDA currently believes slivered onions served on McDonald's hamburgers are the most likely source of contamination.
Despite the outbreak, analysts had previously stated that the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41494741/mcdonalds-well-positioned-to-contain-e-coli-outbreak-analysts-say-impact-minimal-co">impact on McDonald&#8217;s stock</a> would be minimal. However, David Tarantino, an analyst at Baird Equity Research, downgraded McDonald&#8217;s shares to &#8220;neutral&#8221; late on Wednesday due to concerns over consumer sentiment.
Price Action: On Thursday, McDonald&#8217;s stock traded 1% higher at $301.58 in the regular session and was largely flat in the after-hours trading, according to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent102224&amp;t=be2bearmibe3na1">data from Benzinga Pro</a>.
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<li><a href="https://www.benzinga.com/markets/equities/24/10/41459673/whats-going-on-with-trump-media-technology-stock-today?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">What&#8217;s Going On With Trump Media &amp; Technology Stock Today?</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

USFD

McDonald's Rivals Burger King, Yum Brands Remove Onions From Menus Amid Quarter-Pounder E.Coli Scare

Yum Brands Says It's Pulling Onions Out Of 'Abundance Of Caution'

McDonald&#39;s Corporation&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mcd#NYSE">MCD</a>)&nbsp;has gained 24.2% in the past three months, outperforming the Zacks <a href="https://www.zacks.com/stocks/industry-rank/industry/retail-restaurants-160">Retail - Restaurants</a> industry, the Zacks <a href="https://www.zacks.com/stocks/industry-rank/sector/retail-wholesale-3">Retail-Wholesale</a> sector and the S&amp;P 500 Index, which rose 20.4%, 10.7% and 7.4%, respectively.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/06/82254.jpg?v=663129858" style="height:292px; width:624px" /> 
Image Source: Zacks Investment Research
The company is benefiting from its focus on enhancing customer experiences through its 4D Growth strategy and increased global franchise units. This, alongside an effective capital allocation strategy, has added to the uptrend, given its focus on maintaining shareholder value. 
MCD stock has also outperformed some major industry players, including Yum! Brands, Inc. YUM, Domino&#39;s Pizza, Inc. DPZ and Wingstop Inc. WING, in the past three months. In the said time frame, YUM and DPZ have rallied 5.9% and 0.5%, respectively, while WING has lost 1.2%.
<h3>Factors Driving MCD Stock</h3>
4D Growth Pillar: McDonald&#39;s continues unraveling new and improved ways to enhance customer experiences and drive growth. One of the company&#39;s primary tools to offer customers a more personalized and convenient experience is the 4D Growth Pillar, wherein 4D stands for Digital, Delivery, Drive Thru and Development. The Digital aspect encompasses the company&#39;s top-tier loyalty program available on its digital platform, which now has more than 150 million 90-day active users in approximately 50 markets globally.&nbsp; It anticipates 90-day active users to reach 250 million and annual loyalty system-wide sales to reach $45 billion by 2027. 
Regarding the Delivery and Drive Thru aspects, the company offers delivery services through McDelivery or third-party delivery providers in about 100 global markets, which represent more than 85% of its restaurants. Considering drive-thrus under the delivery section, the company houses quite a number of drive-thru locations across the globe, with more than 27,000 drive-thru locations globally. With the increase in delivery sales mix over the past few years, mainly in Australia, Canada and the United States, and leveraging its long-term strategic partnerships with delivery providers, the company aims to offer seamless customer experiences. 
Considering the Development aspect, McDonald&#39;s is banking on increased demand patterns globally and increasing its foothold by boosting its presence in existing markets and by entering new ones. The company is planning to open more than 2,100 new restaurants globally in 2024, including 500 openings in the United States and International Operated Markets (IOM) segment and 1,600 (including nearly 1000 in China) inaugurations in the International Developmental Licensed (IDL) market. Furthermore, it aims to open 50,000 restaurants by 2027. 
Franchised Revenues Offer Stability: Among the total restaurants worldwide of McDonald&#39;s, 95% were franchised restaurants as of June 30, 2024. The company operates in three reportable segments, wherein the U.S. segment has about 95% franchised ownership mix, the IOM segment has 89% franchised ownership mix and the IDL segment has 98% franchised ownership mix. 
This asset-light business strategy, having more franchised store units across the world, makes its operations less susceptible to market volatility than the company running its outlets on its own. The diversity in market conditions and regulatory hurdles across different nations would make it difficult for MCD to handle operations. This business strategy will offer it higher profit margins and a stable source of revenues. During the first six months of 2024, about 60.5% of revenues came from franchised restaurants. 
Effective Capital Allocation Strategy: The company follows an effective capital allocation strategy, wherein it aims to utilize its free cash flow in new business opportunities, dividend payouts and share repurchases. MCD&#39;s way of prioritizing shareholder value apart from business investments is encouraging in the industry. 
Maintaining its history of increasing dividend payments for 47 consecutive years, McDonald&#39;s has again announced a hike in its quarterly cash dividend on Sept. 25, 2024. It raised its quarterly dividend by 6% to $1.77 per share ($7.08 per share annually) from $1.67 per share ($6.68 per share annually). The dividend is to be paid on Dec. 16, 2024 to shareholders as of Dec. 2.
<h3>Estimate Trend Favors McDonald&#39;s</h3>
The Zacks Consensus Estimate for MCD&#39;s third-quarter and 2024 earnings per share (ETF:EPS) has trended upward in the past seven days. The uptrend can be witnessed from the chart given below.
EPS Trend
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/d9/82252.jpg?v=159574847" /> 
Image Source: Zacks Investment Research
<h2>MCD Trading Above 50 &amp; 200-Day SMA</h2>
Technical indicators suggest a continued strong performance for McDonald&#39;s. From the graphical representation given below, it can be observed that MCD stock is trading above both the 50-day simple moving average (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sma#NYSE">SMA</a>) and 200-day SMA, signaling a bullish trend. The technical strength underscores positive market sentiment and confidence in MCD&#39;s financial health and prospects.
50 &amp; 200-Day Moving Average
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/32/82255.jpg?v=162340666" /> 
Image Source: Zacks Investment Research
<h2>MCD Trading at a Discount</h2>
McDonald&#39;s is currently trading at a discount compared with the industry peers on a forward 12-month price-to-earnings (P/E) ratio basis. The discounted valuation indicates that despite the recent stock price increase in the past three months, it remains an attractive option for investors looking for a suitable entry point.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/c5/82253.jpg?v=1631045805" /> 
Image Source: Zacks Investment Research
<h2>Hurdles to MCD&#39;s Momentum</h2>
The tailwinds discussed above is helping McDonald&#39;s to move through the ongoing macro challenges and inflationary risks. However, headwinds like soft comparable store sales and high costs and expenses are pulling back the growth prospects to some extent. 
Soft Comps: McDonald&#39;s is facing challenges regarding weaker comparable store sales growth. The company&#39;s comps are hurt mainly due to negative comparable guest counts witnessed in the U.S. market and negative comparable sales in France witnessed under the IOM segment. The international market&#39;s trends are unfavorable since customers are wary of discretionary spending given the ongoing market challenges. 
Under the IDL segment, the continued impact of the war in the Middle East and negative comparable sales in China have resulted in declining comps. For the first six months of 2024, comparable sales under this segment decreased 0.8%. 
High Cost &amp; Expenses: The persisting inflationary pressures are hurting the company&#39;s margins. During the first six months of 2024, the company&#39;s total operating costs and expenses escalated 4% year over year to $7 billion due to increased restaurant and occupancy expenses along with selling, general and administrative expenses. 
The company anticipates operating margin to remain pressurized in the near term with labor inflation expected to be in the high single digits in 2024.
<h2>Is it a Wise Decision to Add MCD to Your Portfolio Now?</h2>
As discussed above, despite the ongoing macro hurdles and inflationary risks, McDonald&#39;s is gaining momentum in this competitive industry through its top-tier business strategies. The core business strategies of the company highlight its aim of delivering enhanced and personalized customer experiences, making strategic investments in growth opportunities and maintaining a consistent shareholder value. 
With the goals set through 2027 and the recent take on the dividend hike, along with increased franchised units, the company seems to be well-positioned to move through the uncertainties and deliver an outperformance in the upcoming period. 
Thus, based on the overall discussion and the trends of technical indicators, it is suggested to the existing investors to hold on to this Zacks Rank #3 (Hold) company&#39;s shares for now, whereas new investors might want to wait for a more favorable entry point given high costs and weaker comparable store sales growth.
<a href="https://www.zacks.com/stock/news/2356040/mcdonald-s-stock-jumps-24-in-3-months-should-you-buy-sell-or-hold?cid=CS-BENZ-FT-analyst_blog|most_popular_stocks-2356040">To read this article on Zacks.com click here.</a>

Restaurants

WING

McDonald's Stock Jumps 24% In 3 Months: Should You Buy, Sell Or Hold?

B of A Securities analyst Gregory Francfort maintains Yum Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUM#NYSE">YUM</a>) with a Neutral and lowers the price target from $147 to $145.

Price Target

Analyst Ratings

B of A Securities Maintains Neutral on Yum Brands, Lowers Price Target to $145

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Stephens &amp; Co. analyst Tommy Moll downgraded the rating for Emerson Electric Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMR#NYSE">EMR</a>) from Overweight to Equal-Weight and lowered the price target from $135 to $120. Emerson Electric shares closed at $109.25 on Tuesday. <a href="https://www.benzinga.com/quote/EMR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58c2a8e3b85e930001ba538f/biju-perincheril">Susquehanna analyst Biju Perincheril </a>downgraded Enphase Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) from Positive to Neutral and slashed the price target from $147 to $104. Enphase Energy shares closed at $92.04 on Tuesday. <a href="https://www.benzinga.com/quote/ENPH/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wells Fargo analyst Steven Cahall downgraded the rating for Omnicom Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OMC#NYSE">OMC</a>) from Overweight to Equal-Weight while raised the price target from $106 to $110. Omnicom Group shares closed at $104.02 on Tuesday. <a href="https://www.benzinga.com/quote/OMC/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>TD Cowen analyst Andrew Charles downgraded Yum! Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUM#NYSE">YUM</a>) from Buy to Hold and announced a price target of $145. Yum Brands shares closed at $133.22 on Tuesday. <a href="https://www.benzinga.com/quote/YUM/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>B of A Securities analyst Steve Byrne downgraded the rating for Eastman Chemical Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMN#NYSE">EMN</a>) from Buy to Neutral but raised the price target from $114 to $119. Eastman Chemical shares closed at $110.32 on Tuesday. <a href="https://www.benzinga.com/quote/EMN/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying YUM stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="460" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16145951/image-132-1024x460.png" alt="" class="wp-image-599124" style="width:672px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16145951/image-132-1024x460.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16145951/image-132-300x135.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16145951/image-132-768x345.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16145951/image-132.png 1462w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read More: 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"><a href="https://www.benzinga.com/news/24/10/41358280/united-airlines-posts-upbeat-earnings-joins-morgan-stanley-u-s-bancorp-and-other-big-stocks-moving-h">United Airlines Posts Upbeat Earnings, Joins Morgan Stanley, U.S. Bancorp And Other Big Stocks Moving Higher On Wednesday</a>
</blockquote>

Downgrades

ENPH

This Yum! Brands Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Wednesday

Yum Brands shares are trading lower after TD Cowen downgraded the stock from Buy to Hold.

Yum! Brands' Pizza Hut Announced The Personal Pan Pizza Hut Inspired By Its Iconic Personal Pan Pizza, A 6-inch Pizza For One

TD Cowen analyst Andrew Charles downgrades Yum Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUM#NYSE">YUM</a>) from Buy to Hold and announces $145 price target.

TD Cowen Downgrades Yum Brands to Hold, Announces $145 Price Target

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Consumer Discretionary sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$225.00</td>
<td>$26.5K</td>
<td>48.5K</td>
<td>90.6K</td>
</tr>
<tr>
<td>BABA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/01/24</td>
<td>$97.00</td>
<td>$152.0K</td>
<td>313</td>
<td>8.6K</td>
</tr>
<tr>
<td>NIO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$6.00</td>
<td>$89.1K</td>
<td>29.4K</td>
<td>2.3K</td>
</tr>
<tr>
<td>SIG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$110.00</td>
<td>$52.0K</td>
<td>1.4K</td>
<td>1.6K</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$200.00</td>
<td>$119.9K</td>
<td>16.6K</td>
<td>1.4K</td>
</tr>
<tr>
<td>LGIH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$120.00</td>
<td>$70.0K</td>
<td>2</td>
<td>802</td>
</tr>
<tr>
<td>YUMC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$45.00</td>
<td>$69.8K</td>
<td>744</td>
<td>801</td>
</tr>
<tr>
<td>JD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$30.00</td>
<td>$226.3K</td>
<td>2.5K</td>
<td>700</td>
</tr>
<tr>
<td>YUM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$135.00</td>
<td>$73.0K</td>
<td>5.1K</td>
<td>644</td>
</tr>
<tr>
<td>ANF</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/22/24</td>
<td>$180.00</td>
<td>$43.1K</td>
<td>0</td>
<td>644</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on October 18, 2024. Parties traded 124 contract(s) at a $225.00 strike. This particular call needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $26.5K, with a price of $214.0 per contract. There were 48591 open contracts at this strike prior to today, and today 90627 contract(s) were bought and sold. 
• For BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we notice a put option trade that happens to be bearish, expiring in 17 day(s) on November 1, 2024. This event was a transfer of 981 contract(s) at a $97.00 strike. The total cost received by the writing party (or parties) was $152.0K, with a price of $155.0 per contract. There were 313 open contracts at this strike prior to today, and today 8649 contract(s) were bought and sold. 
• For NIO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>), we notice a call option sweep that happens to be bearish, expiring in 129 day(s) on February 21, 2025. This event was a transfer of 900 contract(s) at a $6.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $89.1K, with a price of $99.0 per contract. There were 29495 open contracts at this strike prior to today, and today 2351 contract(s) were bought and sold. 
• Regarding SIG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SIG#NYSE">SIG</a>), we observe a call option sweep with neutral sentiment. It expires in 94 day(s) on January 17, 2025. Parties traded 100 contract(s) at a $110.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $52.0K, with a price of $520.0 per contract. There were 1474 open contracts at this strike prior to today, and today 1677 contract(s) were bought and sold. 
• Regarding AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we observe a call option sweep with bullish sentiment. It expires in 157 day(s) on March 21, 2025. Parties traded 110 contract(s) at a $200.00 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $119.9K, with a price of $1090.0 per contract. There were 16630 open contracts at this strike prior to today, and today 1479 contract(s) were bought and sold. 
• For LGIH (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGIH#NASDAQ">LGIH</a>), we notice a call option sweep that happens to be bearish, expiring in 66 day(s) on December 20, 2024. This event was a transfer of 100 contract(s) at a $120.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $70.0K, with a price of $700.0 per contract. There were 2 open contracts at this strike prior to today, and today 802 contract(s) were bought and sold. 
• Regarding YUMC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUMC#NYSE">YUMC</a>), we observe a call option sweep with bullish sentiment. It expires in 94 day(s) on January 17, 2025. Parties traded 225 contract(s) at a $45.00 strike. This particular call needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $69.8K, with a price of $311.0 per contract. There were 744 open contracts at this strike prior to today, and today 801 contract(s) were bought and sold. 
• For JD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>), we notice a call option sweep that happens to be bullish, expiring in 248 day(s) on June 20, 2025. This event was a transfer of 178 contract(s) at a $30.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $226.3K, with a price of $1273.0 per contract. There were 2592 open contracts at this strike prior to today, and today 700 contract(s) were bought and sold. 
• For YUM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUM#NYSE">YUM</a>), we notice a put option sweep that happens to be bullish, expiring in 3 day(s) on October 18, 2024. This event was a transfer of 469 contract(s) at a $135.00 strike. This particular put needed to be split into 85 different trades to become filled. The total cost received by the writing party (or parties) was $73.0K, with a price of $160.0 per contract. There were 5129 open contracts at this strike prior to today, and today 644 contract(s) were bought and sold. 
• Regarding ANF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANF#NYSE">ANF</a>), we observe a put option trade with bearish sentiment. It expires in 38 day(s) on November 22, 2024. Parties traded 20 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $43.1K, with a price of $2159.0 per contract. There were 0 open contracts at this strike prior to today, and today 644 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

AMZN

BABA

LGIH

TSLA

10 Consumer Discretionary Stocks Whale Activity In Today's Session

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Consumer Discretionary sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$225.00</td>
<td>$25.1K</td>
<td>41.1K</td>
<td>60.5K</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$190.00</td>
<td>$25.4K</td>
<td>35.2K</td>
<td>28.7K</td>
</tr>
<tr>
<td>NIO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$5.00</td>
<td>$34.0K</td>
<td>48.1K</td>
<td>8.9K</td>
</tr>
<tr>
<td>PDD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$135.00</td>
<td>$26.4K</td>
<td>5.0K</td>
<td>3.2K</td>
</tr>
<tr>
<td>CZR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$40.00</td>
<td>$75.5K</td>
<td>6.9K</td>
<td>891</td>
</tr>
<tr>
<td>YUMC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$42.50</td>
<td>$41.3K</td>
<td>551</td>
<td>686</td>
</tr>
<tr>
<td>ULTA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$370.00</td>
<td>$167.1K</td>
<td>1.6K</td>
<td>595</td>
</tr>
<tr>
<td>W</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$45.00</td>
<td>$92.4K</td>
<td>9.4K</td>
<td>260</td>
</tr>
<tr>
<td>ANF</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$160.00</td>
<td>$205.2K</td>
<td>291</td>
<td>239</td>
</tr>
<tr>
<td>YUM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$110.00</td>
<td>$26.0K</td>
<td>490</td>
<td>130</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on October 18, 2024. This event was a transfer of 109 contract(s) at a $225.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $25.1K, with a price of $230.0 per contract. There were 41106 open contracts at this strike prior to today, and today 60596 contract(s) were bought and sold. 
• For AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on October 18, 2024. This event was a transfer of 200 contract(s) at a $190.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $25.4K, with a price of $127.0 per contract. There were 35286 open contracts at this strike prior to today, and today 28760 contract(s) were bought and sold. 
• For NIO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>), we notice a call option sweep that happens to be bullish, expiring in 95 day(s) on January 17, 2025. This event was a transfer of 250 contract(s) at a $5.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $34.0K, with a price of $136.0 per contract. There were 48107 open contracts at this strike prior to today, and today 8937 contract(s) were bought and sold. 
• Regarding PDD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), we observe a put option trade with bullish sentiment. It expires in 4 day(s) on October 18, 2024. Parties traded 97 contract(s) at a $135.00 strike. The total cost received by the writing party (or parties) was $26.4K, with a price of $273.0 per contract. There were 5042 open contracts at this strike prior to today, and today 3237 contract(s) were bought and sold. 
• For CZR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CZR#NASDAQ">CZR</a>), we notice a call option sweep that happens to be bearish, expiring in 95 day(s) on January 17, 2025. This event was a transfer of 100 contract(s) at a $40.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $75.5K, with a price of $755.0 per contract. There were 6919 open contracts at this strike prior to today, and today 891 contract(s) were bought and sold. 
• Regarding YUMC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUMC#NYSE">YUMC</a>), we observe a put option sweep with bullish sentiment. It expires in 32 day(s) on November 15, 2024. Parties traded 486 contract(s) at a $42.50 strike. This particular put needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $41.3K, with a price of $85.0 per contract. There were 551 open contracts at this strike prior to today, and today 686 contract(s) were bought and sold. 
• Regarding ULTA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>), we observe a put option sweep with neutral sentiment. It expires in 4 day(s) on October 18, 2024. Parties traded 167 contract(s) at a $370.00 strike. This particular put needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $167.1K, with a price of $1000.0 per contract. There were 1670 open contracts at this strike prior to today, and today 595 contract(s) were bought and sold. 
• For W (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>), we notice a put option sweep that happens to be bearish, expiring in 95 day(s) on January 17, 2025. This event was a transfer of 328 contract(s) at a $45.00 strike. This particular put needed to be split into 63 different trades to become filled. The total cost received by the writing party (or parties) was $92.4K, with a price of $282.0 per contract. There were 9455 open contracts at this strike prior to today, and today 260 contract(s) were bought and sold. 
• Regarding ANF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANF#NYSE">ANF</a>), we observe a call option sweep with bearish sentiment. It expires in 67 day(s) on December 20, 2024. Parties traded 135 contract(s) at a $160.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $205.2K, with a price of $1520.0 per contract. There were 291 open contracts at this strike prior to today, and today 239 contract(s) were bought and sold. 
• For YUM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUM#NYSE">YUM</a>), we notice a put option trade that happens to be bullish, expiring in 249 day(s) on June 20, 2025. This event was a transfer of 130 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $26.0K, with a price of $200.0 per contract. There were 490 open contracts at this strike prior to today, and today 130 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Press Releases

PIZZA HUT AIMS TO SUPPORT YOUR JOB SEARCH WITH THE LAUNCH OF 'ResZAmes': A PIZZA BOX THAT DOUBLES AS A RESUME

PIZZA HUT CELEBRATES 40 YEARS OF BOOK IT! ® WITH ONE MILLION FREE PERSONAL PAN PIZZAS® TO READERS OF ALL AGES

Serving a Slice of Success: Pizza Hut Canada's Equal Slice Program Fuels Over 190 Entrepreneurs with Up to $300,000 in Grants

Yum! Brands Continues to Make Progress on Carbon Reduction, Packaging and Equality

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PIZZA HUT® UNVEILS THE 'PERSONAL PAN PIZZA HUT,' A NEW RESTAURANT EXPERIENCE EXCLUSIVELY SERVING PERSONALIZED PERSONAL PAN PIZZAS

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