Notable Monday Option Activity: SHAK, OEC, LNG
November 01, 2021 at 15:46 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 5,040 contracts has been traded thus far today, a contract volume which is representative of approximately 504,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 65.7% of SHAK's average daily trading volume over the past month, of 766,660 shares..