Carvana call volume above normal and directionally bullish Bullish option flow detected in Carvana with 19,117 calls trading, 1.7x expected, and implied vol increasing over 1 point to 159.07%. May-22 53 calls and Jun-22 40 calls are the most active options, with total volume in those strikes near 10,500 contracts. The Put/Call Ratio is 0.61. Earnings are expected on July 20th.
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