Noteworthy Wednesday Option Activity: SHAK, VMW, VECO
January 13, 2021 at 15:28 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 19,197 contracts has been traded thus far today, a contract volume which is representative of approximately 1.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 287.9% of SHAK's average daily trading volume over the past month, of 666,715 shares..