Unpacking the Latest Options Trading Trends in Carvana
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bullish trend in options trading for Carvana (NYSE:CVNA), with significant trades indicating a price target range of $90.0 to $145.0. Analysts have mixed ratings, with a consensus target price of $143.0. The stock is currently trading at $127.64, with an upcoming earnings release in 1 day.
July 30, 2024 | 1:45 pm
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Options trading for Carvana (NYSE:CVNA) shows a bullish trend with significant trades indicating a price target range of $90.0 to $145.0. Analysts have mixed ratings, with a consensus target price of $143.0. The stock is currently trading at $127.64, with an upcoming earnings release in 1 day.
The bullish trend in options trading and the mixed but generally positive analyst ratings suggest a potential short-term price increase for Carvana. The upcoming earnings release could further impact the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100