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CVNA

Carvana Co.Close $64.39EOD only
Max Pain
$69.00
Next expiry May 22, 2026
Expected Move
±$2.01
3.1% from close
Price Gap
+4.61
Distance to max pain
IV Rank
52
Middle-high premium
P/C OI
0.87
Slightly call-heavy
Consensus
5.0/10
Consensus signal
Published snapshot: May 21, 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 21, 2026 close
CVNA AI Consensus Report
Analysis based on market close May 22, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
6.0

out of 10

6 not 7 because flow bearishness is strong and GEX pinning is temporary — the $60 gamma flip is a clear risk that weakens the range thesis.

Where Perspectives Agree

Bearish bias with risk of breakdown to $60 — flow shows heavy put buying, GEX pinning near $68 but vulnerable to gamma flip below $61.48.

Where They Diverge

Theta's short strangle expects range-bound pinning, but directional and flow signal bearish breakdown — the heavy put flow contradicts the neutral range expectation.

Top Trade
via directional

Buy 2026-06-05 $67/$64 bear put spread for $0.85 debit — targets breakdown to $60, defined risk, aligns with flow and directional.

Key Risk

Break below $61.48 invalidates pin, flips GEX to short-gamma, and triggers stop-loss cascade — downside accelerates to $60 gamma flip level.

How to Use These Reports
This ai consensus reflects the market close on May 22, 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.