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CAVA Group Inc call volume above normal and directionally bullish

CAVA Group Inc call volume above normal and directionally bullish

Bullish option flow detected in CAVA Group Inc with 6,822 calls trading, 4x expected, and implied vol increasing almost 3 points to 66.92%. May-24 70 calls and 5/3 weekly 72 puts are the most active options, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 0.54. Earnings are expected on May 28th.

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