Mixed options sentiment in Carvana (CVNA), with shares up 18c, or 0.05%, near $345.43. Options volume roughly in line with average with 88k contracts traded and puts leading calls for a put/call ratio of 1.19, compared to a typical level near 0.84. Implied volatility (IV30) dropped 0.91 near 47.89,in the bottom quartile of the past year, suggesting an expected daily move of $10.42. Put-call skew steepened, indicating increased demand for downside protection.
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- Mixed options sentiment in Carvana with shares up 1.14%