Mike Khouw Sees Unusual Options Activity In Shake Shack Inc

, Mike Khouw spoke about unusually high options activity in

. Call options volume was two times higher than the average daily call options volume and the most active options were the weekly 50 strike calls, which were traded for $1.65. The break even for the trade is at $51.65 or 5.6 percent higher from the Wednesday's close. The options market is implying a 9 percent move on the earnings, which are due on November 5.