Cvna stock price saw a spike in options activity
CVNA stock price saw a spike in options activity, with call contracts outpacing puts 1.8-to- Carvana currently has an average brokerage recommendation (ABR) of 1.79, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 21 brokerage firms. An ABR of 1.79 approximates between Strong Buy and Buy. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]. CVNA stock price shows relative strength compared to used car retail peers. Short interest remains elevated at 15%, which could fuel a short squeeze if bullish catalysts emerge.
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