Group 1 - Significant bullish sentiment observed among large investors in Carvana, with 31 uncommon options trades detected [1][2] - The overall sentiment among big-money traders is split, with 45% bullish and 41% bearish, indicating mixed expectations [2] - Total options activity includes 8 puts amounting to $812,800 and 23 calls totaling $1,090,131, suggesting a notable interest in both directions [2] Group 2 - Significant investors are targeting a price range for Carvana between $80.0 and $440.0 over the past three months, indicating high volatility expectations [3] - Volume and open interest metrics are being analyzed to assess liquidity and investor interest in Carvana's options, particularly within the $80.0 to $440.0 strike price range [4] Group 3 - Recent options trades include notable bearish and bullish positions, with specific trades highlighting a mix of strategies among investors [10] - Carvana operates as an e-commerce platform for buying and selling used cars, generating revenue primarily from retail vehicle unit sales, wholesale vehicle sales, and additional services [11] Group 4 - Analysts have set an average target price of $425.0 for Carvana, with a consistent overweight rating from JP Morgan [12][13] - Current trading volume for Carvana stands at 1,168,964, with the stock price at $372.42, reflecting a 2.15% increase [15]
Market Whales and Their Recent Bets on CVNA Options - Carvana (NYSE:CVNA)