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Mixed options sentiment in Carvana with shares down 2.87%

Mixed options sentiment in Carvana (CVNA), with shares down $9.42 near $318.84. Options volume relatively light with 25k contracts traded and calls leading puts for a put/call ratio of 0.84, compared to a typical level near 1.34. Implied volatility (IV30) dropped 0.22 near 70.23,and above the 52wk median, suggesting an expected daily move of $14.11. Put-call skew flattened, suggesting a modestly bullish tone.

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