80% GAIN IN 3 MONTHS, DON'T BE GREEDY.

80% GAIN IN 3 MONTHS, DON'T BE GREEDY.

As earnings approach the options market has been very active in CARVANA. Noteworthy activity has been on the put side with unusual activity for the $35 and $45 strike puts. We do not hold the name but in the current market it would be wise to bank profits when the stock has the possibility if a double top forming. Give the fact that the price is well above the average Analysts estimate of $62 there is also the possibility of negative re-ratings post earnings .