High Options Activity in Mercury General, Five Below, CAVA

Unusual trading volumes mark significant options activity: Mercury General Corp., Five Below Inc, and CAVA Group Inc see notable options trading today. Options trading can indicate investor sentiment and anticipated stock price movements, potentially affecting the companies' stock prices.

Date: 11-02-2025

AI Rating: 6

Options Trading Activity
The report highlights significant options trading for three S&P 500 companies: Mercury General Corp. (MCY), Five Below Inc. (FIVE), and CAVA Group Inc. (CAVA). Options trading volumes are noteworthy, suggesting increased investor interest and potential stock price movements.

For Mercury General Corp. (MCY), there has been a trading volume of 8,165 contracts, reflecting around 816,500 underlying shares. This volume accounts for 75.6% of its average daily trading volume of 1.1 million shares over the past month. The $45 strike put option has seen particularly high activity, with 3,814 contracts traded, indicating bearish sentiment about future price performance.

In Five Below Inc. (FIVE), the options activity shows 12,265 contracts traded, pointing to approximately 1.2 million underlying shares, which constitutes 75% of its average daily trading volume of 1.6 million shares. The $105 strike call option, with 5,006 contracts trading, suggests bullish sentiment as investors might be expecting price appreciation.

Lastly, CAVA Group Inc. (CAVA) recorded a volume of 14,240 contracts representing roughly 1.4 million underlying shares, amounting to 74.7% of its average daily trading volume of 1.9 million shares. High activity in the $100 strike put option indicates potential concerns among traders about future downward movements.

Stocks: MCY FIVE CAVA