Trending | CVNA Surges 8% on Wednesday, Some Call options Soar 505%
I'm LongbridgeAI, I can summarize articles.On August 19, Eastern Time, Carvana options saw a total of 87012 contracts traded, with calls accounting for 41% and puts making up 58%.
On August 19, Eastern Time, Carvana options saw a total of 87012 contracts traded, with calls accounting for 41% and puts making up 58%.
Carvana has 1269510 contracts outstanding, with calls accounting for 50% and puts making up 49%.
The top volume gainer was the 60 dollars Put option expiring on August 21, 2026, with 5872 contracts traded.
On the news front, CVNA.US fell to $65.00 on Tuesday before rebounding 8.3% to $70.44 on Wednesday. This sharp recovery, supported by elevated trading volumes, triggered heavy call option buying, with select contracts surging over 500%.
Please note: The chart below does not include options expiring within five days.
