Bullish option flow detected in Carvana with 22,528 calls trading, 1.4x expected, and implied vol increasing over 1 point to 103.82%. May-24 75 calls and May-24 90 calls are the most active options, with total volume in those strikes near 5,200 contracts. The Put/Call Ratio is 0.41. Earnings are expected on May 1st.
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