CAVA Group Options Ahead of Earnings

17 Agu 2024

If you haven`t sold CAVA before this important retracement:

Now analyzing the options chain and the chart patterns of CAVA Group prior to the earnings report this week,
I would consider purchasing the 100usd strike price Calls with
an expiration date of 2024-8-23,
for a premium of approximately $5.05.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

25 Agu 2024

Trading ditutup: target tercapai

CAVA traded at all time high on friday, $125.87, after earnings, and the Calls went up from $5.05 (when I wrote this article) to $22 at the close of the expiration day (even higher intraday), for a fantastic 4.35X gain!
Congrats to those who bought the calls!