Cava Group's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Cava Group (NYSE:CAVA) has seen a bearish sentiment from major financial players, with 58% of options trades being bearish. The stock is currently trading at $99.36, with a neutral RSI and an earnings announcement expected in 3 days. Analysts have set a price target of $100.
August 19, 2024 | 3:01 pm
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Cava Group is experiencing a bearish sentiment in options trading, with 58% of trades being bearish. The stock is trading at $99.36, with a neutral RSI and an upcoming earnings announcement in 3 days. Analysts have set a price target of $100.
The bearish sentiment in options trading suggests a negative outlook for Cava Group in the short term. The stock's current price is close to the analyst target, indicating limited upside potential. The upcoming earnings announcement could further impact the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100