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CAVA Group Inc call volume above normal and directionally bullish

Bullish option flow detected in CAVA Group Inc with 4,253 calls trading, 1.7x expected, and implied vol increasing almost 2 points to 91.94%. Jul-23 50 calls and Jan-24 30 puts are the most active options, with total volume in those strikes near 1,700 contracts. The Put/Call Ratio is 0.59.

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