Mixed options sentiment in Carvana with shares up 4.5%

Mixed options sentiment in Carvana (CVNA), with shares up $15.26, or 4.5%, near $354.32. Options volume roughly in line with average with 75k contracts traded and calls leading puts for a put/call ratio of 0.7, compared to a typical level near 0.75. Implied volatility (IV30) dropped 2.69 near 49.12,in the bottom quartile of the past year, suggesting an expected daily move of $10.96. Put-call skew flattened, suggesting a modestly bullish tone.