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Carvana's Options: A Look at What the Big Money is Thinking - Carvana (NYSE:CVNA)
Carvana Carvana (US:CVNA) Benzingaยท2025-10-27 17:01

Core Insights - Whales have adopted a bearish stance on Carvana, with 41% of trades being bullish and 43% bearish, indicating mixed sentiment among large investors [1] - The price target for Carvana is projected to range between $80.0 and $590.0 based on recent options activity [2] - Analysts have provided an average target price of $473.0 for Carvana, with varying ratings from different firms [11][12] Options Activity - A total of 96 trades were detected for Carvana, with 22 puts amounting to $899,324 and 74 calls totaling $4,714,278 [1] - Noteworthy options activity includes various trades with different sentiments, such as bullish and neutral, across multiple expiration dates and strike prices [8] - The trading volume for Carvana stands at 965,955, with the stock price currently at $354.08, reflecting a 0.82% increase [14] Company Overview - Carvana operates as an e-commerce platform for buying and selling used cars, generating revenue primarily from used vehicle sales and additional services like financing and insurance [9][10]