What the Options Market Tells Us About Carvana
Portfolio Pulse from Benzinga Insights
The options market indicates a bearish sentiment towards Carvana (NYSE:CVNA), with 54% of big-money traders taking a bearish stance. Uncommon options trades were detected, with a focus on a price window of $130 to $170. Analysts have mixed ratings, with price targets ranging from $157 to $200.
September 16, 2024 | 2:00 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Carvana's options market activity reveals a bearish sentiment, with 54% of trades being bearish. The price window is set between $130 and $170. Analysts have mixed ratings, with price targets from $157 to $200.
The options market shows a significant bearish sentiment with 54% of trades being bearish. This suggests that investors expect a potential decline in Carvana's stock price. The mixed analyst ratings and price targets further indicate uncertainty about the stock's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100