Carvana is a company that sells used cars online. People are buying and selling a lot of Carvana stocks, and some people are making bets on how the price of the stocks will change. The article talks about what these people are betting on and how they think the price will change. There are some smart people who give their opinions on how good Carvana is, and the article mentions what these smart people think too. Read from source...

Carvana's Options. The article is relatively one sided with the author seeming to support the bullish views of Carvana's stock. There is a lack of balance in the article, which could present alternate views or more in-depth analysis of Carvana's financials. The author uses complex language and financial terms without proper explanation. Additionally, the article does not delve deeply into Carvana's business model, making it hard for readers to understand what the company does and how it makes money. Lastly, the article gives a strong impression of pushing a certain agenda, making its journalistic integrity questionable.

bearish

The article provides analysis of the unusual options trades for Carvana's stock, showing that 50% of traders were bullish, while 34% showed bearish tendencies. This suggests that the sentiment for Carvana's options is leaning towards bearish, with a potential target price range from $15.0 to $165.0. Additionally, recent performance of the stock and analyst ratings support the bearish sentiment analysis.

Carvana's (CVNA) options activity shows an increased bullish sentiment, with a target price range from $15.0 to $165.0. According to Benzinga Insights, Carvana's current market status shows an upward trend with a volume of 1,379,066, a 2.94% increase in price, and an RSI indicator that suggests the stock may be approaching overbought.

The company's primary business model is an e-commerce platform for buying and selling used cars. Carvana generates revenue from used vehicle sales, wholesale vehicle sales, and other sales and revenues. The company's financial performance has attracted significant attention from investors and industry analysts.

The next earnings release is expected in 69 days. Among industry analysts, the average target price for Carvana is $154.8. Analysts from JMP Securities and Piper Sandler maintain a Market Outperform and Neutral rating, respectively, with target prices of $200 and $151. Meanwhile, analysts from TD Cowen and DA Davidson maintain a Hold rating with target prices of $148 and $155, respectively.

In terms of options activity, 50% of traders are bullish, while 34% show bearish tendencies. There were 17 unusual call trades and 9 put trades, with the majority of traders targeting a price range from $15.0 to $165.0. Assessing the volume and open interest in Carvana's options provides insight into liquidity and investor interest in the company's options at specified strike prices.

Investors should note that trading options carries a higher level of risk compared to just trading stocks. However, it also presents higher profit potential. As with any investment decision, careful analysis and consideration of risks are crucial.