Carvana is a company that lets people buy and sell used cars online. Some people who work with money and know a lot about stocks and businesses have been buying and selling options of Carvana's stock. Options are a way to bet on how a stock will do without buying the stock itself.

These people who know a lot about money and stocks are usually good at guessing how a stock will do. Right now, most of them think Carvana's stock will go down, so they are buying options that let them sell the stock at a certain price in the future. If the stock goes down, they can buy it for cheap and then sell it for more money, making a profit.

The people who run Carvana are trying to make their company better and grow, so they hope the stock will go up instead. They also use options to help them do that.

Overall, some people think Carvana's stock will go up and some people think it will go down. The people who buy and sell options are trying to guess which way it will go and make money if they are right. Read from source...

1. Headline and article content: The headline implies that Carvana's options activity indicates a bearish outlook. However, the article goes on to describe a mix of bearish and bullish trades, with no clear indication of which direction the overall sentiment is leaning.
2. Analyzing volume and open interest: The article claims to analyze volume and open interest, but it does not provide any data or charts to support this analysis. It is difficult to understand how the author arrived at the conclusions without any data to back them up.
3. Current position of Carvana: The article mentions that Carvana's stock price is up by 2.59% and may be approaching overbought levels. However, it does not explain what this means or why it is relevant to the options activity analysis.
4. Expert opinions on Carvana: The article lists several analyst ratings for Carvana, but it does not explain how these ratings relate to the options activity analysis or provide any context for the ratings. It also does not mention any recent news or events that may have influenced the analysts' opinions.

Overall, the article does not provide a clear or convincing analysis of Carvana's options activity. It is based on inconsistent and unsupported claims, and it fails to explain how the options activity relates to the stock's performance and outlook.

Carvana's options frenzy is discussed in an article that provides a detailed analysis of the options history, volume, open interest, price movements, and expert opinions. The article concludes with Carvana's current position, RSI values, and earnings report information.