Notable Friday Option Activity: CMG, GOOGL, PSTG
August 26, 2016 at 15:37 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Chipotle Mexican Grill Inc (CMG), where a total volume of 27,773 contracts has been traded thus far today, a contract volume which is representative of approximately 2.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 309.9% of CMG's average daily trading volume over the past month, of 896,205 shares..