Quantchabot has detected a new Bull Call Spread trade opportunity for CARVANA CO (CVNA) for the 24-Jul-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
CVNA was recently trading at $70.53 and has an implied volatility of 72.70% for this period. Based on an analysis of the options available for CVNA expiring on 24-Jul-2026, there is a 34.22% likelihood that the underlying will close within the analyzed range of $70.70-$85.07 at expiration. In this scenario, the average linear return for the trade would be 10.17%.
Big 7.16% Change: After closing the last trading session at $65.82, CARVANA CO opened today at $65.54 and has reached a high of $70.66.
Trade approach: A movement as big as 7.16% is a significantly bullish indicator, so this trade is designed to be profitable if CVNA maintains its current direction and does not revert back to pricing on the bearish side of $70.53 on 24-Jul-2026. If possible, the trade has been padded such that slight movement against the trade would still return a profit.
Upside potential: Using this bullish strategy, the trade would be profitable if CARVANA CO closes at or above $63.60 on 24-Jul-2026. Based on our risk-neutral analysis, there is a 71.71% likelihood of this return.
Downside risk: As with any options trade, there is a substantial downside risk where you may lose most or all of your investment.
To analyze this trade in depth, please visit the Quantcha Options Search Engine.
Leave a Reply
You must be logged in to post a comment.