Option traders moderately bearish in Carvana (CVNA), with shares down $8.74 near $300.74. Options volume relatively light with 21k contracts traded and puts leading calls for a put/call ratio of 1.64, compared to a typical level near 1.25. Implied volatility (IV30) is higher by 3.6 points near 75.91,and above the 52wk median, suggesting an expected daily move of $14.38. Put-call skew flattened, suggesting a modestly bullish tone.
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