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Barchart
Josh Enomoto

Why Papa John’s (PZZA) Unusual Options Volume Could Be an Early Warning Indicator

Let’s face it – when you’re low on funds but want a filling meal, nothing cures ravenous hunger more than a piping hot slice of pizza. Thanks to the amount of starches integrated in traditional pies, the human stomach may take about six or eight hours to fully digest an average serving. By that token, enterprises like Papa John’s (PZZA) should perform relatively well, even under tough economic conditions.

True, consumers naturally fade their discretionary spending in the face of financial pressures. With the economy struggling against stubbornly high inflation and major corporations issuing mass layoffs, people are inclined to watch their expenditures. Nevertheless, circumstances have to get pretty darn awful for consumers to order fewer Papa John’s pizzas.

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