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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Eli Lilly (Symbol: LLY), where a total volume of 34,649 contracts has been traded thus far today, a contract volume which is representative of approximately 3.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 121.3% of LLY's average daily trading volume over the past month, of 2.9 million shares. Especially high volume was seen for the $930 strike call option expiring July 12, 2024, with 1,999 contracts trading so far today, representing approximately 199,900 underlying shares of LLY. Below is a chart showing LLY's trailing twelve month trading history, with the $930 strike highlighted in orange:

CAVA Group Inc (Symbol: CAVA) saw options trading volume of 33,175 contracts, representing approximately 3.3 million underlying shares or approximately 116.7% of CAVA's average daily trading volume over the past month, of 2.8 million shares. Especially high volume was seen for the $100 strike call option expiring July 12, 2024, with 4,820 contracts trading so far today, representing approximately 482,000 underlying shares of CAVA. Below is a chart showing CAVA's trailing twelve month trading history, with the $100 strike highlighted in orange:

And Capri Holdings Ltd (Symbol: CPRI) options are showing a volume of 11,343 contracts thus far today. That number of contracts represents approximately 1.1 million underlying shares, working out to a sizeable 98.7% of CPRI's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume was seen for the $20 strike put option expiring January 17, 2025, with 2,647 contracts trading so far today, representing approximately 264,700 underlying shares of CPRI. Below is a chart showing CPRI's trailing twelve month trading history, with the $20 strike highlighted in orange:

For the various different available expirations for LLY options, CAVA options, or CPRI options, visit StockOptionsChannel.com.

Also see:

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