Notable Monday Option Activity: CAVA, CELH, YEXT

Celsius Holdings (CELH) and Yext (YEXT) are experiencing significant options trading volume today, with CELH's 43,333 contracts representing 60.2% of its average daily share volume and YEXT's 3,519 contracts representing 59.3%. This elevated activity is notably concentrated in long-dated put options, specifically the CELH $60 strike expiring August 2025 and the YEXT $8 strike expiring September 2025, suggesting increased bearish positioning or hedging against potential downside for both companies.

Analysis

Celsius Holdings (CELH) and Yext Inc. (YEXT) are exhibiting significant options market activity, indicating a potential shift in investor sentiment. Today's options volume in CELH reached 43,333 contracts, representing a substantial 60.2% of its average daily share volume. Similarly, YEXT's options volume of 3,519 contracts accounts for 59.3% of its typical daily share turnover. The critical insight lies in the nature of this activity, which is heavily concentrated in long-dated put options. Specifically, high volume was observed in the CELH $60 strike put expiring in August 2025 and the YEXT $8 strike put expiring in September 2025. This pattern of focused, long-term put buying strongly suggests that market participants are either establishing outright bearish positions or hedging substantial long-stock positions against a potential decline over the coming year. Such activity serves as a key technical signal regarding perceived downside risk in both stocks.

Key Decisions for Investors

• Investors should interpret the unusually high volume in long-dated put options for both Celsius Holdings and Yext as a signal of increased bearish sentiment or significant institutional hedging against potential long-term price declines.
• For CELH, the concentration of activity in the August 2025 $60 puts suggests that investors should closely monitor for potential catalysts that could pressure the stock towards this strike price over the next year.
• Holders of YEXT should consider the notable volume in the September 2025 $8 puts as a prompt to re-evaluate their risk exposure, as it indicates a specific level of concern from market participants about the stock's long-term valuation.