thetaOwl

CVNA

Carvana Co.Close $64.91EOD only
Max Pain
$69.00
Next expiry May 22, 2026
Expected Move
±$3.17
4.9% from close
Price Gap
+4.09
Distance to max pain
IV Rank
51
Middle-high premium
P/C OI
0.89
Slightly call-heavy
Consensus
6.0/10
Bullish tilt
Published snapshot: May 20, 2026 close
End-of-day snapshot

This page reflects CVNA options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
May 20, 2026 close
CVNA AI Consensus Report
Analysis based on market close May 20, 2026

Historical consensus-supported lens with full content, report chain context, and metric rail.

Conviction
6.0

out of 10

6 not 7 because Theta's rejection of premium selling and flow's defensive puts reduce confidence; if net premium turns positive, conviction rises to 8.

Where Perspectives Agree

Bullish pin toward $68-70 with dealer gamma support at $60 reinforcing upside drift.

Where They Diverge

Theta's bearish stance (avoid premium, buy puts) and flow's net premium negative (-$1.7M) contradict the pure bullish thesis from directional and earnings.

Top Trade
via directional

Buy June 5 $67/$71 call spread for $1.20 debit

Key Risk

Break below $60 flips dealer gamma long and triggers stop-loss cascade, accelerating to $57.49 support.

How to Use These Reports
This ai consensus reflects the market close on May 20, 2026.
What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.