I mean these are LEAPS by a great leap for WSB standards. I would be curious what price targets you have by a specific date. Their market cap is still only $14B so yeah for good industry that’s bad but that’s still sort of a drop in the bucket. I was planning to go long on this around $80 and regret that lol. I wouldn’t be surprised for it to drop sub $100 by EOY. So if I entered a put position I would probably grab something in Feb/March
Started at
$122.85
Target
$100.00
Deadline
Dec 31, 2024
Closing price
$112.80
Prediction missed
CAVA closed at $112.80, above the $100.00 bear target.