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Carvana call volume above normal and directionally bullish

Bullish option flow detected in Carvana with 24,726 calls trading, 1.9x expected, and implied vol increasing over 3 points to 115.31%. 2/9 weekly 45 calls and 2/9 weekly 50 calls are the most active options, with total volume in those strikes near 4,900 contracts. The Put/Call Ratio is 0.31. Earnings are expected on February 22nd.

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