Notable Monday Option Activity: SHAK, GBCI, SAVA
April 12, 2021 at 15:32 PM EDT
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 2,648 contracts has been traded thus far today, a contract volume which is representative of approximately 264,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.9% of SHAK's average daily trading volume over the past month, of 577,350 shares..