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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 2,085 puts trading, or 2x expected. Most active are 2/23 weekly 48 puts and 2/23 weekly 49 puts, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 1.69, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 27th.

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