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CAVA Group Inc put volume heavy and directionally bearish
The Fly

CAVA Group Inc put volume heavy and directionally bearish

Bearish flow noted in CAVA Group Inc with 2,481 puts trading, or 2x expected. Most active are Feb-24 47.5 puts and 2/9 weekly 44 puts, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 7.68, while ATM IV is up over 1 point on the day. Earnings are expected on March 5th.

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