Noteworthy Thursday Option Activity: CMG, BA, HUBG
February 06, 2020 at 15:39 PM EST
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 24,934 contracts has been traded thus far today, a contract volume which is representative of approximately 2.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 667.5% of CMG's average daily trading volume over the past month, of 373,555 shares..