McDonald's And The Downside on A Thursday Morning. Catching The Action

Why even poke away at such an obscure situation? In one of my last blogs Ford annouced a recall which tanked it's Call options I was following. Is fighting strong stocks with a one day perspective a prudent way to play the markets? Obviouly not. Yet wait. It's all part of an endless learning experience. Now this. The markets are in limbo. Here is one series of Mcdonald's Puts which expire tomorrow. .. ... ... I am intrigued to see the number five as the number of option contracts traded on this one series of Puts. There seems to be more action in the one series of Puts below it. On a percentage basis these Puts would swing even more if the stock was to ever drop a couple of dollars. Let's see what happens. Now this seventeen minutes later. The 275 series of Puts have doubled! ... The 277.50 series of Puts have risen from $1.44 to bid $2.31 ask $3.40, this time fifty one minutes later. McDonalds continues to drop. Here is how these two series of Puts closed the day. ...