Mixed options sentiment in Carvana (CVNA), with shares up $7.14, or 2.43%, near $301.12. Options volume relatively light with 32k contracts traded and puts leading calls for a put/call ratio of 1.09, compared to a typical level near 0.99. Implied volatility (IV30) dropped 2.3 near 52.25,in the bottom quartile of the past year, suggesting an expected daily move of $9.91. Put-call skew flattened, suggesting a modestly bullish tone.
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