SHAK Unusual Option Activity
Shake Shack Inc (SHAK) option volume on Nov 4, 2026 was 15.5% of open interest, well above the 20-day average of 4.2%. Calls made up 47.6% of the volume. Relative to open interest, that was SHAK's most active day in 4 weeks.
SHAK Unusual Options FAQ
What makes option activity unusual?
Option activity is usually called unusual when a contract trades much more volume than its open interest, which can mean traders are opening new positions.
Is SHAK seeing unusual options activity?
On Nov 4, 2026, Shake Shack options traded 10.13K contracts against 65.17K open, a volume to open interest ratio of 0.16, well above its 20-day average. The table above lists the contracts with the highest ratios.
Are SHAK traders trading more calls or puts?
Calls made up 47.6% of Shake Shack option volume on Nov 4, 2026, a put/call ratio of 1.10, so puts outnumber calls. The SHAK option volume chart shows calls and puts by strike.
What is Shake Shack Inc?
Shake Shack is a fast-casual American chain restaurant, generating $2.2 billion in system sales across 373 US company-owned restaurants ($1.4 billion) and 286 licensed units ($838 million), with the latter largely situated in international markets and travel hubs.