Bean
Your photo is of the Giant stag beetle. And yes it is the male. The female does not have the large pinchers.
According to Bugguide, "adults may feed on plant juices. Eggs are laid in crevices of moist, decaying wood. Larvae feed on decaying logs, stumps, where adults can be found in spring, early summer. (Presumably males battle there.) Larvae take one or more years to develop. Adults can be found at lights in early summer. Adults live two or more years, but one generation per year."
There is some concern about conservation of this beetle. A similar species in Europe is considered threatened. So hopefully it will find its way back to the woods.
Great find! I have seen the smaller stag beetle but not the giant male!
I researched it and I believe it to be by: The poster :)
