On October 5, 2023, significant options trading activity was observed in the Russell 3000 index, particularly for CAVA Group Inc (CAVA), which recorded 26,608 contracts traded, equating to about 2.7 million underlying shares, or 58.9% of its average monthly trading volume of 4.5 million. Notably, the $90 strike call option expiring September 19, 2025, had 4,558 contracts traded.
JPMorgan Chase & Co (JPM) also experienced elevated options trading, with 54,876 contracts exchanged, representing approximately 5.5 million underlying shares, or 57.5% of its average monthly volume of 9.5 million. The $290 strike call option expiring July 11, 2025, saw 6,015 contracts traded.
Additionally, WD-40 Co (WDFC) reported 1,269 contracts traded today, amounting to roughly 126,900 underlying shares, or 55.9% of its average monthly trading volume of 227,000. The $260 strike call option expiring July 18, 2025, accounted for 417 contracts traded.
