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CVNA

Carvana Co

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Reddit Posts

r/smallstreetbetsSee Post

CVNA Weekly Options Trade Plan 2025-04-02

r/ShortsqueezeSee Post

SqueezeFinder Update - Jan 29th 2024

r/ShortsqueezeSee Post

Squeezefinder Update - Jan 25th 2024

r/ShortsqueezeSee Post

SqueezeFinder Update - Jan 24th 2024

r/ShortsqueezeSee Post

How to know, when or if something will squeeze and how long it will take from what I’ve learned the last few years studying them.

r/ShortsqueezeSee Post

SqueezeFinder Update - Jan 22nd 2024

r/wallstreetbetsSee Post

Looks like the auto bubble's finally popping! KMX and CVNA keep struggling until sales prices strengthen

r/wallstreetbetsSee Post

It's been quite the six figure (several) ride down over the past year. No one tells you it gets faster as you get closer to zero. Inherited

r/wallstreetbetsSee Post

Been quite the 6 figure (several) ride down this year. No one tells you it goes faster as you get closer to zero

r/ShortsqueezeSee Post

$FSK is primed to break into a sizeable squeeze based on supply and demand of shares alone... most relevant data is included below

r/ShortsqueezeSee Post

Looks like we might be getting ready for takeoff over at BYND

r/wallstreetbetsSee Post

Is CVNA overvalued?

r/wallstreetbetsSee Post

CVNA is overvalued

r/pennystocksSee Post

3 Meme Stocks that Have Nowhere to Go But Down in 2024

r/stocksSee Post

2024 Shorting Ideas - Companies that has exposure to used car market

r/smallstreetbetsSee Post

“The used-vehicle market for this year is expected to finish just below last year’s performance” $CVNA

r/StockMarketSee Post

+551.15% on 2 shares or CVNA… I should have bought more back in January

r/ShortsqueezeSee Post

CVNA - Carvana 38% short interest!

r/wallstreetbetsSee Post

This Week is CVNA Week

r/wallstreetbetsSee Post

CVNA Diamond Hands

r/ShortsqueezeSee Post

Highest short interest stocks today $FSR $BYND $UPST $CVNA

r/smallstreetbetsSee Post

Highest short interest stocks today $FSR $BYND $UPST $CVNA

r/wallstreetbetsSee Post

$CVNA has a chance for short squeeze?

r/ShortsqueezeSee Post

WBUY and MLGO: Exhibits #1,001 and #1,002 on why you stay away from shitty Asian small cap IPOs

r/ShortsqueezeSee Post

SqueezeFinder Update - Dec 4th 2023

r/ShortsqueezeSee Post

SqueezeFinder Update - Nov 30th 2023

r/ShortsqueezeSee Post

SqueezeFinder Update - Nov 27th 2023

r/investingSee Post

I made a post on here about CVNA before it shot up

r/StockMarketSee Post

Carvana(CVNA) business model question.

r/wallstreetbetsSee Post

CarMax is the Carvana nobody knows about. CVNA is destined for bankruptcy.

r/optionsSee Post

$CVNA ☝️

r/investingSee Post

1.5 year follow-up on buying the dip on pandemic stocks

r/ShortsqueezeSee Post

CVNA earnings call. Thoughts anyone? Possible squeeze?

r/wallstreetbetsSee Post

Everything you need to know about ROKU earnings here

r/wallstreetbetsSee Post

ABNB Earnings Alert: Everything you need to know 🚀🔥

r/wallstreetbetsSee Post

CVNA part 2. holding through earnings

r/wallstreetbetsSee Post

CVNA this is all my money

r/ShortsqueezeSee Post

RAD is the next incoming MOASS

r/stocksSee Post

C3.AI, CVNA and UPST best stocks to short?

r/wallstreetbetsSee Post

$CVNA Carvana YOLO

r/optionsSee Post

$CVNA - Best Strategy for Near Term Vol and Long Term Bankruptcy

r/wallstreetbetsSee Post

Experts bullish on a shitty company like $CVNA.. then ill do the opposite

r/wallstreetbetsSee Post

The 'Short' Truth of Kerrisdale Capital

r/wallstreetbetsSee Post

Kerrisdale Capitol continued fraud

r/wallstreetbetsSee Post

Kerrisdale Capitol Fraud

r/wallstreetbetsSee Post

CVNA really?

r/wallstreetbetsSee Post

Serious inquiry, any solid exact moves this week

r/wallstreetbetsSee Post

$NVAX short squeeze setup similar to $CVNA

r/wallstreetbetsSee Post

Carvana ($CVNA) On Main Short Squeeze Radar

r/wallstreetbetsSee Post

CVNA improved 3rd quarter outlook. Really?

r/wallstreetbetsSee Post

CVNA over $40 or under $4 in the next 10 days?

r/wallstreetbetsSee Post

August 7 - Long term CVNA holdings

r/wallstreetbetsSee Post

Infinite Money Hack for 0dtes

r/wallstreetbetsSee Post

Carvana ( CVNA)

r/wallstreetbetsSee Post

Do you like money, of course you do, you're poor.

r/wallstreetbetsSee Post

Quality CVNA DD

r/wallstreetbetsSee Post

CVNA + SPY gains 34.5k > 109k

r/optionsSee Post

Puts on CVNA

r/wallstreetbetsSee Post

CVNA debt restructuring squeeze

r/wallstreetbetsSee Post

Up $55K in one trade, pay for college or back into options?

r/wallstreetbetsSee Post

Is anyone playing/buying company x post

r/pennystocksSee Post

The Week Before: How News Impacted Stock Prices

r/wallstreetbetsSee Post

July 31 - Long term CVNA holdings

r/wallstreetbetsSee Post

Well hopefully CVNA goes bankrupt or ima be even more fucked.

r/wallstreetbetsSee Post

My YOLO story continues

r/wallstreetbetsSee Post

CVNA: yea or nay?

r/wallstreetbetsSee Post

What does it Mean? $KRE

r/wallstreetbetsSee Post

$SIRI 42K Loss | Switched to $AMC FDs For $35K Options Play @ 6.00 and 9.00 Strike

r/wallstreetbetsSee Post

July 24 - Long term CVNA holdings

r/StockMarketSee Post

CVNA

r/stocksSee Post

I was down 55% on my portfolio headed into January 2023 and have now broke even thanks to the advice of r/stocks

r/StockMarketSee Post

CVNA Prediction

r/StockMarketSee Post

CVNA Put Options

r/wallstreetbetsSee Post

$CVNA curving to go even higher! $80+

r/wallstreetbetsSee Post

$CVNA 0DTE ~$15K FD Yolo | 42.00 PUT Play | 400 Contracts

r/wallstreetbetsSee Post

Someone bought 0DTE $85 CVNA Calls for $0.20 / contract

r/wallstreetbetsSee Post

CVNA Prediction

r/wallstreetbetsSee Post

Am I RIP or will it Rip?

r/stocksSee Post

Congratulations to anyone who bought near the bottom of Carvana $CVNA

r/wallstreetbetsSee Post

Who has $CVNA bankruptcy by fall?

r/wallstreetbetsSee Post

Carvana spins lower after S&P warns debt deal could be tantamount to default

r/wallstreetbetsSee Post

7/21 $272.5 TSLA CALLS

r/wallstreetbetsSee Post

$CVNA -> $100+ Price Soon or Shadow Realm

r/wallstreetbetsSee Post

Spending my last 50 bucks on $CVNA puts. Wish me luck

r/wallstreetbetsSee Post

$CVNA is rough and it gets everywhere

r/wallstreetbetsSee Post

$CVNA is rough and gets everywhere

r/wallstreetbetsSee Post

CVNA recent debt exchange. Discussion of details.

r/WallStreetbetsELITESee Post

CVNA shorters today 🤣

r/stocksSee Post

Another ‘sold too early’ rant

r/wallstreetbetsSee Post

$CVNA 6X Gains | 54K ---> 396K | $342K Profit | 6 Bagger

r/smallstreetbetsSee Post

Made over $5k on $CVNA this week. Took some of those winnings an Yolo it to some $RKT calls.

r/wallstreetbetsSee Post

Robinhoods Robbing us again.

r/wallstreetbetsSee Post

$CVNA $20K Loss on Naked Calls

r/wallstreetbetsSee Post

Everyone talking about CVNA but what about ATT? 8% jump today what gives?

r/wallstreetbetsSee Post

Bad call guys next call (Shorted NVDA and Pepsi <- prior)

r/StockMarketSee Post

Another reason to ignore these trash articles, CVNA just hit $59.30 a share in premarket, currently at $55.87 in open market

r/wallstreetbetsSee Post

CVNA bears today

r/wallstreetbetsSee Post

80 CVNA $59 calls, 7/21. Average price of $0.09, sold for $2.40 right at open.

Mentions

Buying bitcoin to pump MSTR to increase my MSTY dividends so I can make the payment on my CVNA vehicle which I'm using as collateral on my personal loan to make payments on my pay in 4 purchases / Chipotle payment plan. I use the rest to buy clothes at Kohl's, sell the Kohl's cash for 30% discount on Craigslist, then use the cash to buy more BTC at an ATM

Patiently waiting for CVNA collapse 🫡

Mentions:#CVNA

Financing my new car with CVNA puts ain't working out.

Mentions:#CVNA

Any day now CVNA gonna look down Wil e coyote style

Mentions:#CVNA

You can get a loan from CVNA to buy a luxury car.

Mentions:#CVNA

CVNA continues with the regard strength. I'm slightly concerned for my spreads but nowhere near as concerned as the guy that sold 600 355/360 bear calls...

Mentions:#CVNA

CVNA 370 calls should pay out handsomely.

Mentions:#CVNA

!banbet CVNA -10% 30D

Mentions:#CVNA

Fun Fact: CVNA is down .7% over last 4 weeks.

Mentions:#CVNA

Sweet, means they will need to buy more cars. Calls on CVNA.

Mentions:#CVNA

If CVNA can come back to 350+ and survive hindenburg, I know u can achieve ur dreams.

Mentions:#CVNA

All the meme stocks (PLTR,HOOD,HIMS,CVNA,APP) that went up the past few years do shady shit.

I vow to never touch CVNA CRCL or TSLA ever again. I am reformed

Mentions:#CVNA#TSLA

Don't forget CRCL, MARA, RIOT, RCL, CVNA, PLTR & GEV!

CVNA 355c expiring tomorrow

Mentions:#CVNA

Look at everything pumping today lmfao. $MULN is fucking pumping hahahahahaha. Go meme stocks go! I wonder what the average IQ of the HODLers of some of these absolutely bankruptcy guaranteed tuckers is. Can you imagine buying $CVNA at $345? Or $HOOD at $100??? Absolute 🤡🌎 - the meltdown just gotta be moments away now.

You could’ve bought CVNA 350c expiring tomorrow for $100 yesterday and sold for $350 today. I should’ve bought more than 20

Mentions:#CVNA

CVNA gonna crash any minute, don't ask what I know (I don't know anything)

Mentions:#CVNA

You know this market is legit when CVNA is up 68% ytd.

Mentions:#CVNA

should've tried CVNA

Mentions:#CVNA

If TSLA can carry CVNA to a nice pop this morning that’d be greeeaaaat

Mentions:#TSLA#CVNA

Calls, calls, calls. Especially TSLA, CVNA, and anything car related because Americans can’t stop themselves.

Mentions:#TSLA#CVNA

CVNA calls and Strattera

Mentions:#CVNA

in short, CVNA is not just the AMZN of used & new cars. Its also a bank, lender, insurance broker via ROOT, and more. If CVNA actually held on to their subprime loans that yield 20-30%, instead of selling them, they would make billions in net income, making them worth a multiple of what it is trading today. the theory is that as each year go by, CVNA will have more and more capital to retain their subprime loans and collect NI from it. collectively over a long period, they'll act as a bank and earn 20-30% returns on their notes. at one point, they'll hold all their notes in house instead of selling them which will yield them billions in NI over the long term.

Who the hell is buying CVNA?

Mentions:#CVNA

Why the fuck is CVNA rallying? Such a POS company.

Mentions:#CVNA

Translation: 1. MSTR: Ponzi scheme being replicated by other companies and spread between common and btc will narrow, causing MSTR to default on debt. 2. CVNA: accounting scandals of a subprime lender, which will eventually catch the eyes of regulators. 3. TSLA: momo stock run up simply being associated with real technology companies (mag 7), earnings and reality finally catching up…including Chinese EV makes and no more tax subsidies. 4: HIMS: goto any online pharmacy.

CVNA has rallied **>1000% from 2022 lows**, despite high debt and opaque financial engineering. This is classic **meme-stock energy**

Mentions:#CVNA

Damn, I remember when they were under a dollar and thought about throwing a few hundred towards them. Knowing me, I would have sold at $2 lol. Nice job holding! I had both HOOD and CVNA at <$10 and sold in the mid teens lol.

Mentions:#HOOD#CVNA

? GME, TSLA, and CVNA are the three tardsketeers and are all flat/down today

Hindenburg Research had a report on CVNA, their accounting practices, and arm's-length transactions. At the end, CVNA outlasted Hindenburg.

Mentions:#CVNA

Hindenburg Research had a detailed report on CVNA. At the end, CVNA outlasted Hindenburg.

Mentions:#CVNA

And now for another CVNA short attempt. Sixth time is the charm, as they say.

Mentions:#CVNA

Every day CVNA just wildly swings multiple percent. If you’re not swing trading that thing what are you doing

Mentions:#CVNA

A lot of these scams going around lately. MSTR, CVNA, TSLA, HIMS

Look no one cares about the borderline fraud looking financials, allegedly. Americans don’t like the car buying process and this alone is why CVNA will keep climbing until the economy blows up.

Mentions:#CVNA

Over $356 million in CVNA insider sales in June and $0 in buys. Stock keeps going.

Mentions:#CVNA

CRCL welcome to the do not touch list. Meet my old friend CVNA

Mentions:#CVNA

CVNA ber life must be so sad LMAO

Mentions:#CVNA

How the fakk does CVNA go up still

Mentions:#CVNA

TLDR; $CVNA uses private companies linked to its board members to boost its books and can afford to do so due to said insiders selling massive amounts of shares making it worth their while. Having trouble offloading vehicles? Sell to fraudster Daddy Garcia's used car company for dollars on the dime. Having trouble offloading debt? Sell to board member's company who will mark it as less risky? Someone defaulting? Give them an extension and keep it on the books as future profit until we all dump our stock at the top and sell covered calls on the rest before the stock tanks from 400 million dollars in insider selling in < 1 month.

Mentions:#CVNA

I’m shorting CVNA and it has been rather painful experience.

Mentions:#CVNA

Cars are a hobby for me, and having bought and sold north of 30-40 by now I also never understood the CVNA price. That being said, just finished my first purchase from there and I sort of get it now. The longer I was in the 'hobby' (and had more money to buy more expensive stuff) the more I hated it because of how shitty the dealer experience has gotten. To the point I got fed up and took advantage of the higher prices and unloaded my entire collection. While I do ascribe some value to my time, the fact that I have to constantly deal with bullshit, games, nonsense, and always checking everything 10 times over with some greaseball trying to rush me just made me give up on dealers. I can't do business where some scumbag will blatantly lie to your face. I'd rather just not transact. CarMax was always OK but it's still a 3-4 hour+ process, you just can't haggle them. Twice having cars shipped in from other locations they've overshot their estimate (and left me completely in the dark--nobody could give me any sort of update) by >2 weeks to the point that they refunded me. CVNA on the other hand gave me daily updates of where the car was (helpful for planning pickup), did all paperwork ahead of time with online notary, and has a guarantee that is enough for me to risk it. Got a PPI on the car within my window anyways, all checked out. Just use the tools they give you: read between the lines on the Carfax (7th owner on that sports car? Probably pass). The only thing that was faster was Tesla, all done through their app, set my appointment, and was in/out free to go within \~3 minutes. That being said they do have a lot of junk in their inventory too, but just pay attention to what you're buying and take advantage of properly inspecting the car in the first 7 days. I've sold them a few things I didn't want to deal with private party on that I knew were good vehicles, they always paid highest and still come in usually highest (albeit much closer to CarMax now).

Mentions:#CVNA#PPI

The people who actually use HOOD as a platform are the same people sniffing glue and investing in Kitten Mittens. CVNA and HOOD being where they are today shows society is a failure and the shoe shine boys are now working at Wendy's.

Mentions:#HOOD#CVNA

CVNA buys and sells your debt.

Mentions:#CVNA

Institutions. Movement on CVNA is weird

Mentions:#CVNA

actually there are multiple insurers with a 75% CR. i made a list a while back but KNSL for one has a 75% CR for the long term. you have to understand that ROOT isn't your ordinary insurer. It is doing things that no other insurer has done before, and thats underwriting risk correctly, and getting the best loss ratios from it. Secondly they are bringing down SGA expenses drastically due to their tech stack, ai and automation. No insurer is doing what ROOT is doing in terms of efficiency, and when you get that type of combination, you'll get results like a 75% CR in the long term. ROOT is doing everything better than Geico other than size. i only threw Geico in there to give you an idea, but ROOT will be more efficient than Geico. Geico overhired, and when you build the company from the bottom like ROOT, management can easily maintain efficiencies, without deadweights. When ROOT can cherry pick policies due to risk, thats where ROOT comes in very similar to specialty insurers who are putting forth 75% CRs. its not your typical auto insurer. What ROOT is doing is what TSLA did to the auto industry by removing the middleman and making it more profit efficient. it deserves a valuation multiple, just like how TSLA trades at 30X GM, F but yet has less revenue. No one is comparing TSLA to legacy automakers, when legacy automakers are slowly dying. thats also the exact reason why you shouldn't be comparing ROOT to legacy insurers who are losing customers/growing at single digits. ROOT will be 2-5X more profit efficient than their legacy counterparts, and should deserve a valuation multiple due to profit efficiency, growth, and tech. The perfect example is Tsla versus legacy automakers or even HOOD versus legacy brokerages. No insurer is going to do embedded insurance like how ROOT does it. Look at the list of partners that are lining up here. Legacy insurers can't build embedded platforms period. No other insurer is going to be able to cross-sell like how ROOT does it, significantly increasing LTV of customers & margins because of it. as for cross-selling, according to JD Power, if a policy is bundled, the customer will hold the policy for about 30% longer, and it opens the market up by another 37% for customers who only shop for bundled policies. Why that is important? thats because with the 1.4Bish cash that ROOT may receive from CVNA warrants, that could potentially be used to acquire another product front loading growth, and potentially doubling revenue growth. legacy insurers have nothing against ROOT. It will only take a small amount of PIF growth, to bring in strong NI. you're simply not bullish enough.

> CarMax is in car selling business while CVNA is in loan origination business That seems to also show in the cars they stock for sale vs auction off. I was in the market for a new-ish small fun car with a manual gearbox a couple years back. CVNA stocks almost none compared to carmax. CVNA only stocks the most basic normie shit with a CVT for that price range.

Mentions:#CVNA

You can't short this.. I do a ton of shorting and almost always have lost money trading short sde on $CVNA I literally have a "not worth it list". This is on it

Mentions:#CVNA

At CVNA you can

Mentions:#CVNA

Yep. The market is pricing in perfection and acting as if we won’t see tariff impacts to prices any time soon (to the extent that’ll impact a rate cut or earnings). I started trading better when I stopped asking “Why?” and just started following the price action. Institutions clearly see something they like in CVNA right now. Worth a few daytrades at least.

Mentions:#CVNA

yikes. it might actually. keep a close eye on ROOT on how those CVNA/ ROOT warrants play out

Mentions:#ROOT#CVNA

I wanna run whatever kind of fraud CVNA is running

Mentions:#CVNA

Stick to shorting dog shit stocks like GOOG. Always bet on CVNA, HOOD, and MSTR. They're real companies.

Ok I can admit when I’m wrong. Shorting CVNA was not the play.

Mentions:#CVNA

!banbet CVNA -4% 3d

Mentions:#CVNA

I think I'd lose it if CVNA makes a +20% move in a month

Mentions:#CVNA

There’s probably not many people trading CVNA tbf so spreads are probably wide enough already

Mentions:#CVNA

I can't get any fucking fills on my bear spreads on CVNA. Almost like they're adjusting the price before as I submit my order...fucking HFTs

Mentions:#CVNA

CVNA hurt me really bad.

Mentions:#CVNA

I think you're good but I've lost about 5k on CVNA this year so...

Mentions:#CVNA

CVNA taking the road higher.

Mentions:#CVNA

CVNA (dumping all those subprime loans)

Mentions:#CVNA

I know, I made a good bit on the AMZN gap up on Friday. But I’m betting that the turnaround is coming soon. Check my post history. I called the NVDA selloff a while back, the CVNA drop, literally called the last top back in February right before WMT earnings, and now I’m in MSFT puts. I don’t think it’ll be a huge drop like the tariff rout, but inflation is going to continue to rise into the summer. The constantly weakening dollar is making imports more and more expensive, on top of the tariffs. I also think oil is finding a bottom here and will turn higher shortly. A slightly softening labor market will not overshadow consistently rising inflation, and cuts will not be possible. How the market responds remains to be seen, but I think once the stagflation narrative really takes hold(July/August IMO), we are correcting.

I've lost lots of money buying puts on these: CVNA, PLTR, TSLA, QUBT

Die CVNA die... when will the laundry machine pull?

Mentions:#CVNA

CVNA 1 million

Mentions:#CVNA

But it justifies the investment into their company by enriching the insiders and shareholders who own the stock. And it doesn’t matter what I say or think. Stock goes up. Into eternity. Printing machine. Want to buy things in the future? You won’t get the means from a job. He who invests the most now, into PLTR and CVNA and TSLA and whatever else, reaps the most gains, and the most future income for whatever he wishes or desires.

Fuck CVNA

Mentions:#CVNA

CVNA was 32,000 earlier this year

Mentions:#CVNA

There was a time CVNA was 32000 if I remember correctly

Mentions:#CVNA

I was up $15k this year then I played the CVNA short game. Now I’m down $10k

Mentions:#CVNA

OP what are you thinking dude??? CVNA will go back to 360$ for sure and many value the stock above that. Of course the stock is a scam and one day will go back to 150 but not in 2025, believe me

Mentions:#CVNA

It’s a good trade. You might get CVNA chucked but it’s a good trade.

Mentions:#CVNA

I mean, he has like a month and a half, and CVNA is well below his strike. I like this play, to be honest.

Mentions:#CVNA

The back alley of Wendy's is littered with people who shorted CVNA

Mentions:#CVNA

Yup, CVNA is about as manipulated as TSLA.

Mentions:#CVNA#TSLA

Would say the market is becoming healthier. But CVNA being green is fucking egregious.

Mentions:#CVNA

I’m not *trying* to play devil’s advocate, but CVNA?

Mentions:#CVNA

Nope. Only rube retail buys on a Friday after market close. All serious participants are at the bars or on their way to their beach houses. Same thing happens all the time to garbage stocks like TSLA, MSTR, CVNA, etc.

CVNA is indestructible. Lost plenty shorting it

Mentions:#CVNA

Having garbage like TSLA, MSTR, and PLTR while the market is green is actually pretty good. I would say we are healthier but someone fucking bid CVNA up. Who are these people?

lol, and CVNA moves up

Mentions:#CVNA

The important thing is CVNA is not perturbed.

Mentions:#CVNA

CVNA don’t care

Mentions:#CVNA

Don't bother responding to piggy lol, dude is a clueless econ undergrad or English major for sure. You are correct that ***higher-than-expected*** inflation is bad for stocks. The market is heavily tied to Fed policy and any signal that we are getting fewer rate cuts or potentially further tightening would crater the equity bubble we're currently in. Imagine CPI printed +10% y/y out of nowhere -- shitcos like HIMS and CVNA would get cut in half in a month. VIX would spike to 50. If we are instead arguing that the market will rise with inflation because of nominal (rather than real) increases in prices, revenue growth, etc, then sure. But that's a pedantic point. I worked at a HF for 2 years pitching stocks, which included keeping up-to-date with Fed meetings.

Mentions:#HIMS#CVNA#HF

No such thing as a sure thing. IV crush, or one random piece of good news can kill you. If you do bet against it, decide beforehand what you are willing to completely lose. I have a buddy who bet big against CVNA. They also looked terrible, collapsed, and then rebounded right back to almost ATH. You never know

Mentions:#CVNA

OP could've shorted CRCL, CVNA.. hell even TSLA. But no, MSFT it is.

will CVNA die tomorrow?

Mentions:#CVNA

we rotating back into safety of CVNA?

Mentions:#CVNA

The SEZL two year chart is fucking insane. Makes CVNA blush

Mentions:#SEZL#CVNA

Let TSLA and CVNA drop like a rock, and to the moon for the rest

Mentions:#TSLA#CVNA

CVNA see ya bitch

Mentions:#CVNA

Yooo CVNA is down lol

Mentions:#CVNA

Consumer cutting back? CVNA calls it is.

Mentions:#CVNA

Selling cash covered puts against CVNA I think is still viable short term (2-3 months out, with a much lower strike of 150-180). I think CVNA has covered up a bit financially by juicing up EPS numbers and the market has rewarded them. So long as we don’t hit a recession or some other thing to clearly signal used car buying is done; CVNA can keep coasting on hopes and dreams. The thesis behind this trade is that everyone knows CVNA is volatile and you can act as an insurance sales man via selling puts

Mentions:#CVNA

CVNA bears wokeup

Mentions:#CVNA