Carvana call volume above normal and directionally bullish

Bullish option flow detected in Carvana with 57,461 calls trading, 6x expected, and implied vol increasing over 15 points to 195.93%. 1/13 weekly 5 calls and Jan-23 5 puts are the most active options, with total volume in those strikes near 15,300 contracts. The Put/Call Ratio is 0.31. Earnings are expected on February 23rd.