Bullish option flow detected in Carvana with 34,230 calls trading, 2x expected, and implied vol increasing over 11 points to 232.67%. Jan-23 10 calls and Jan-23 8 calls are the most active options, with total volume in those strikes near 11,400 contracts. The Put/Call Ratio is 0.35. Earnings are expected on February 23rd.
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Published first on TheFly
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