CAVA Group Inc put volume heavy and directionally bearish

Bearish flow noted in CAVA Group Inc with 10,807 puts trading, or 2x expected. Most active are 10/4 weekly 123 puts and 10/4 weekly 130 calls, with total volume in those strikes near 4,800 contracts. The Put/Call Ratio is 1.52, while ATM IV is up over 5 points on the day. Earnings are expected on November 12th.

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