High trading volume was observed today in options for CAVA Group Inc (CAVA), with a total of 32,078 contracts traded, representing approximately 3.2 million underlying shares—73.1% of its average daily trading volume of 4.4 million shares. The $95 strike call option expiring on July 25, 2025 saw significant activity with 8,573 contracts traded, equating to about 857,300 underlying shares.
Cogent Communications Holdings, Inc. (CCOI) recorded a trading volume of 4,495 contracts, or about 449,500 underlying shares, making up 72.2% of its average daily trading volume of 622,415 shares. The $40 strike put option expiring on August 15, 2025 generated notable interest, with 4,002 contracts traded, representing approximately 400,200 underlying shares.
Lyft Inc (LYFT) experienced 100,870 contracts in options trading, equating to approximately 10.1 million underlying shares, or 71% of its average daily trading volume of 14.2 million shares. The $15.50 strike call option expiring on July 25, 2025 had particularly high volume with 49,967 contracts traded, representing around 5 million underlying shares.
