Bullish option flow detected in Carvana with 26,579 calls trading, 1.7x expected, and implied vol increasing over 1 point to 101.58%. May-24 100 calls and 5/3 weekly 90 calls are the most active options, with total volume in those strikes near 9,500 contracts. The Put/Call Ratio is 0.27. Earnings are expected on May 1st.
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