Notable Tuesday Option Activity: CMG, NFLX, KO
July 23, 2019 at 14:48 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Chipotle Mexican Grill Inc (CMG), where a total volume of 33,025 contracts has been traded thus far today, a contract volume which is representative of approximately 3.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 838.5% of CMG's average daily trading volume over the past month, of 393,865 shares..