Bullish option flow detected in CarMax with 3,854 calls trading, 3x expected, and implied vol increasing over 3 points to 52.53%. Jun-24 72.5 calls and Jun-24 90 calls are the most active options, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 0.43. Earnings are expected on June 21st.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KMX:
- Options Volatility and Implied Earnings Moves This Week, June 17 – June 21, 2024
- CarMax call volume above normal and directionally bullish
- Current used car market favors AutoNation over CarMax, says BofA
- CarMax price target lowered, added to ‘Tactical Underperform’ list at Evercore
- Carvana added to ‘Tactical Outperform’ list at Evercore ISI