Bullish option flow detected in CarMax with 2,682 calls trading, 7x expected, and implied vol increasing almost 3 points to 61.56%. 12/23 weekly 68 calls and 1/6 weekly 65 calls are the most active options, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 0.20. Earnings are expected on December 22nd.
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Published first on TheFly
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