Bullish option flow detected in CAVA Group (CAVA) Inc with 14,196 calls trading, 1.7x expected, and implied vol increasing almost 2 points to 67.85%. 5/9 weekly 100 calls and 5/9 weekly 105 calls are the most active options, with total volume in those strikes near 10,100 contracts. The Put/Call Ratio is 0.15. Earnings are expected on May 15th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CAVA:
- Unusually active option classes on open May 1st
- CAVA Group Inc call volume above normal and directionally bullish
- Unusually active option classes on open April 30th
- Exact Sciences, CAVA, Lockheed, Intuit, Coinbase: Trending by Analysts
- Bernstein Upgrades Cava Group Stock on a “Compelling Entry Point” After Recent Sell-Off