Bullish option flow detected in Sweetgreen (SG) with 27,594 calls trading, 10x expected, and implied vol increasing over 8 points to 112.38%. Oct-25 8.5 calls and Jan-26 11 calls are the most active options, with total volume in those strikes near 18,600 contracts. The Put/Call Ratio is 0.06. Earnings are expected on November 6th.
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Read More on SG:
- Sweetgreen downgraded to Neutral from Buy at BofA
- Sweetgreen call volume above normal and directionally bullish
- Unusually active option classes on open September 10th
- Sweetgreen put volume heavy and directionally bearish
- Optimistic Outlook for Sweetgreen Amidst Challenges and Strategic Repositioning