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Behind the Scenes of Carvana's Latest Options Trends

Benzinga ·  May 14 12:45

Whales with a lot of money to spend have taken a noticeably bullish stance onCarvana.

Looking at options history for Carvana (NYSE:CVNA) we detected 52 trades.

If we consider the specifics of each trade, it is accurate to state that 55% of the investors opened trades with bullish expectations and 36% with bearish.

From the overall spotted trades, 33 are puts, for a total amount of $2,068,456 and 19, calls, for a total amount of $1,049,693.

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $75.0 to $180.0 for Carvana over the recent three...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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