Unpacking the Latest Options Trading Trends in Carvana
Portfolio Pulse from Benzinga Insights
Recent options trading trends show a bullish sentiment towards Carvana (NYSE:CVNA), with 62% of traders optimistic. Significant trades suggest a price range of $70 to $250. Analysts have mixed ratings, with price targets between $157 and $200. Carvana's stock is up 1.65% at $173.56, with RSI indicating potential overbought conditions.
September 20, 2024 | 8:32 pm
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Carvana (CVNA) sees bullish options trading with 62% of traders optimistic. Analysts have mixed ratings, with price targets ranging from $157 to $200. The stock is currently up 1.65% at $173.56, but RSI suggests it may be overbought.
The article highlights a bullish sentiment in options trading for Carvana, with a significant portion of trades being calls. Analysts' mixed ratings and price targets suggest potential for upward movement, but the RSI indicates caution due to possible overbought conditions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100