Mixed options sentiment in Carvana (CVNA), with shares up $12.71, or 4.13%, near $320.62. Options volume roughly in line with average with 78k contracts traded and calls leading puts for a put/call ratio of 0.57, compared to a typical level near 1.0. Implied volatility (IV30) dropped 0.88 near 50.31,in the bottom quartile of the past year, suggesting an expected daily move of $10.16. Put-call skew flattened, suggesting a modestly bullish tone.
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