Noteworthy Tuesday Option Activity: SHAK, HCC, W
January 05, 2021 at 15:26 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Shake Shack Inc (SHAK), where a total volume of 2,772 contracts has been traded thus far today, a contract volume which is representative of approximately 277,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.8% of SHAK's average daily trading volume over the past month, of 605,430 shares..