CAVA

Notable Monday Option Activity: CAVA, HXL, STNG

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in CAVA Group Inc (Symbol: CAVA), where a total of 33,460 contracts have traded so far, representing approximately 3.3 million underlying shares. That amounts to about 76.2% of CAVA's average daily trading volume over the past month of 4.4 million shares. Particularly high volume was seen for the $95 strike call option expiring June 21, 2024, with 5,615 contracts trading so far today, representing approximately 561,500 underlying shares of CAVA. Below is a chart showing CAVA's trailing twelve month trading history, with the $95 strike highlighted in orange:

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Hexcel Corp. (Symbol: HXL) saw options trading volume of 5,919 contracts, representing approximately 591,900 underlying shares or approximately 75.3% of HXL's average daily trading volume over the past month, of 786,175 shares. Especially high volume was seen for the $65 strike call option expiring July 19, 2024, with 3,020 contracts trading so far today, representing approximately 302,000 underlying shares of HXL. Below is a chart showing HXL's trailing twelve month trading history, with the $65 strike highlighted in orange:

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And Scorpio Tankers Inc (Symbol: STNG) options are showing a volume of 4,962 contracts thus far today. That number of contracts represents approximately 496,200 underlying shares, working out to a sizeable 74% of STNG's average daily trading volume over the past month, of 670,460 shares. Particularly high volume was seen for the $62.50 strike put option expiring September 20, 2024, with 1,250 contracts trading so far today, representing approximately 125,000 underlying shares of STNG. Below is a chart showing STNG's trailing twelve month trading history, with the $62.50 strike highlighted in orange:

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For the various different available expirations for CAVA options, HXL options, or STNG options, visit StockOptionsChannel.com.

Today's Most Active Call & Put Options of the S&P 500 »

Also see:
• Funds Holding HZN
• Fair Isaac YTD Return
• KNX Average Annual Return

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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