Notable Tuesday Option Activity: SHAK, SSNC, CAB
April 18, 2017 at 15:40 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 3,326 contracts has been traded thus far today, a contract volume which is representative of approximately 332,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 78.8% of SHAK's average daily trading volume over the past month, of 421,850 shares..