Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in CAVA Group Inc (Symbol: CAVA), where a total volume of 43,238 contracts has been traded thus far today, a contract volume which is representative of approximately 4.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 170% of CAVA's average daily trading volume over the past month, of 2.5 million shares. Especially high volume was seen for the $40 strike put option expiring December 18, 2026 , with 10,138 contracts trading so far today, representing approximately 1.0 million underlying shares of CAVA.
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