Summary: Options activity in McCormick & Co. intensified on Wednesday morning, reaching a total of 5,945 contracts by 10:21 a.m. New York time, according to exchange data compiled by Bloomberg. Call options made up nearly all of the flow, while the company's shares ticked up during the same session.
Intraday options snapshot
By the 10:21 a.m. New York time mark on Wednesday, a combined 5,945 options contracts in McCormick & Co. (NYSE: MKC) had traded, per exchange data compiled by Bloomberg. Call options accounted for 5,795 of those contracts, while put options totaled 150 contracts.
The call volume represented the largest single-day call count for McCormick since May 29, 2025, when call activity last reached comparable levels.
Concentration by strike
Two specific call strikes made up the bulk of activity. The January 15, 2027 $60 call option represented 3,022 contracts traded, and that series had open interest of 3,699 contracts. The September 18, 2026 $55 call option accounted for 2,181 contracts traded, with open interest on that series at 5,335 contracts.
Share movement
On the equities side, McCormick shares rose 1.89% to trade at $48.28 during the session. The price move coincided with the surge in options transactions noted above.
Note on interpretation
The exchange data provides a clear tally of contracts traded and open interest at specific strikes. The figures do not, by themselves, identify the motivations behind the trades, such as hedging versus directional speculation, nor do they disclose the identities of the parties involved.
This report is based on exchange data compiled by Bloomberg and reflects activity through 10:21 a.m. New York time on Wednesday.