Noteworthy Wednesday Option Activity: SHAK, ACI, VST
July 24, 2024 at 15:31 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 5,328 contracts has been traded thus far today, a contract volume which is representative of approximately 532,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 59.9% of SHAK's average daily trading volume over the past month, of 889,495 shares..