Noteworthy Thursday Option Activity: CAVA, CRS, SKX
September 19, 2024 at 15:43 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 24,557 contracts has been traded thus far today, a contract volume which is representative of approximately 2.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 51% of CAVA's average daily trading volume over the past month, of 4.8 million shares..