Bearish flow noted in CAVA Group Inc with 1,114 puts trading, or 3x expected. Most active are Jul-23 35 puts and Jul-23 45 calls, with total volume in those strikes near 510 contracts. The Put/Call Ratio is 1.69, while ATM IV is up over 4 points on the day.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on CAVA:
- CAVA Group Inc put volume heavy and directionally bearish
- One new option listing and two option delistings on June 23rd
- Kite Realty Group price target raised to $28 from $27 at Barclays
- Federal Realty price target lowered to $119 from $127 at Barclays
- Opening Day: Mediterranean restaurant chain Cava soars in market debut
Questions or Comments about the article? Write to editor@tipranks.com