Noteworthy Tuesday Option Activity: MCY, FIVE, CAVA

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Mercury General Corp. (MCY), where a total volume of 8,165 contracts has been traded thus far today, a contract volume which is representative of approximately 816,500 underlying shares (given that every 1 contract represents 100 underlying shares)..