Options Brief: Red Robin Gourmet Burgers

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Shares of Red Robin Gourmet Burgers
RRGB
are higher on the session by 20.74%, trading at $34.43. Overall call volume is now running at 10.97x the daily average, with 45% of all calls traded being purchases on the offer. 2,019 contracts have traded on the session so far. Red Robin Gourmet Burgers, Inc., together with its subsidiaries, is a casual dining restaurant chain focused on serving burgers. As of December 27, 2009, Red Robin had 21 franchisees, which were operating 133 restaurants in 21 states and 2 Canadian provinces, and it had eight exclusive franchise area development arrangements with those franchisees.
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Posted In: OptionsConsumer DiscretionaryRestaurants
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