Bullish option flow detected in Carvana with 36,702 calls trading, 1.4x expected, and implied vol increasing almost 8 points to 152.48%. Jun-23 20 puts and 6/23 weekly 30 calls are the most active options, with total volume in those strikes near 11,000 contracts. The Put/Call Ratio is 0.58. Earnings are expected on August 3rd.
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