Noteworthy Wednesday Option Activity: RRGB, UPS, IIPR
March 24, 2021 at 15:24 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Red Robin Gourmet Burgers Inc (RRGB), where a total volume of 1,559 contracts has been traded thus far today, a contract volume which is representative of approximately 155,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 41.4% of RRGB's average daily trading volume over the past month, of 376,475 shares..