Carvana Option Alert: Jan 19 $60 Calls Sweep (11) near the Ask: 100 @ $2.551 vs 9369 OI; Earnings 8/3 After Close [est] Ref=$24.3799
Portfolio Pulse from Charles Gross
Carvana (CVNA) sees a sweep of 100 Jan 19 $60 calls near the ask price at $2.551, with earnings expected on August 3rd after market close.
June 21, 2023 | 6:17 pm
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Carvana experiences a sweep of 100 Jan 19 $60 calls near the ask price, indicating bullish sentiment ahead of earnings on August 3rd.
The sweep of 100 Jan 19 $60 calls near the ask price at $2.551 indicates that investors are bullish on Carvana's stock, expecting it to rise above $60 by January 19th. This sentiment may be driven by the upcoming earnings announcement on August 3rd, which could potentially have a positive impact on the stock price. The relevance, importance, and confidence scores are high due to the direct mention of CVNA and the potential impact of the earnings announcement on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100