Carvana options imply 15.0% move in share price post-earnings
The Fly

Carvana options imply 15.0% move in share price post-earnings

Pre-earnings options volume in Carvana is normal with calls leading puts 5:3. Implied volatility suggests the market is anticipating a move near 15.0%, or $7.83, after results are released. Median move over the past eight quarters is 22.7%.

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