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Carvana options imply 11.1% move in share price post-earnings
The Fly

Carvana options imply 11.1% move in share price post-earnings

Pre-earnings options volume in Carvana (CVNA) is normal with puts leading calls 8:5. Implied volatility suggests the market is anticipating a move near 11.1%, or $23.55, after results are released. Median move over the past eight quarters is 28.3%.

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