Notable Friday Option Activity: CAVA, WYNN, DE

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 22,240 contracts has been traded thus far today, a contract volume which is representative of approximately 2.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 129.1% of CAVA's average daily trading volume over the past month, of 1.7 million shares..