Bullish option flow detected in Carvana with 25,534 calls trading, 1.2x expected, and implied vol increasing almost 3 points to 97.27%. Jul-24 150 calls and 7/26 weekly 135 calls are the most active options, with total volume in those strikes near 6,200 contracts. The Put/Call Ratio is 0.30. Earnings are expected on July 31st.
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