McDonald’s (MCD) is up 81 cents to 62.52 and one of 29 Dow stocks moving higher (only KFT is in the red) after the company reported a 3.3 percent increase in October same store sales. Separately, the Wall Street Journal reports that, according to a document reviewed by the WSJ, MCD plans on adding a dollar menu for breakfast starting in January.

In the options, volume is running 2X the average daily on the news, with large blocks of Dec 52.5 puts (18000) and Dec 50 puts (9600) trading ask-side at 9 and 6 cents, respectively, on the NYSE. The 52.5s have now traded 22000X and the 50s 10000X and these are possibly closing puts buys, as open interest is 32,070 and 19,485, respectively, and both contracts are now deep out-of-the-money.