Notable Monday Option Activity: CAVA, AMR, AI
May 06, 2024 at 15:32 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in CAVA Group Inc (CAVA), where a total volume of 26,605 contracts has been traded thus far today, a contract volume which is representative of approximately 2.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 112% of CAVA's average daily trading volume over the past month, of 2.4 million shares..