Notable Monday Option Activity: SHAK, MCD, V
December 28, 2020 at 15:17 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 3,277 contracts has been traded thus far today, a contract volume which is representative of approximately 327,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 53.1% of SHAK's average daily trading volume over the past month, of 616,770 shares..