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CVNA

Carvana Co.Close $68.28EOD only
Max Pain
$65.00
Next expiry May 29, 2026
Expected Move
±$4.69
6.9% from close
Price Gap
-3.28
Distance to max pain
IV Rank
55
Middle-high premium
P/C OI
0.86
Slightly call-heavy
Consensus
6.0/10
Bearish tilt
Published snapshot: May 22, 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 22, 2026 close
CVNA AI Consensus Report
Analysis based on market close May 26, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
7.0

out of 10

7 not 8 because spot above MP introduces mean-reversion risk that flow and theta partly hedge, and earnings 64 days out limits near-term catalysts — but 3 of 4 personas are strongly bullish.

Where Perspectives Agree

All personas converge on a bullish bias for CVNA, driven by strong call accumulation, gamma pinning near $70, and elevated IV — supporting a move toward $80 resistance.

Where They Diverge

Directional identifies reversal risk from spot trading above the magnetic pivot ($62-$66 zone), conflicting with flow's relentless call buying and earnings' high IV that fuel continued upside.

Top Trade
via earnings

Sell Jun 5 $75 call / buy Jul 17 $84 call for a net credit (call diagonal) — capitalizes on elevated short-term IV while maintaining long bullish skew.

Key Risk

Break below $66 support invalidates the bullish thesis — triggers gamma flip, puts become dominant, and spot accelerates toward $60 put floor.

How to Use These Reports
This ai consensus reflects the market close on May 26, 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.