CARVANA CO. (CVNA) Options Statistics & Positioning

CARVANA CO. (CVNA) options trade at a 30-day at-the-money implied volatility of 57.2%, an IV rank of 2 out of 100 over the past year. The options market prices a ±$10.76 (±15.0%) move in CVNA for the front expiration. Max pain sits at $68 and the put/call open interest ratio is 1.05. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$71.86

52-week range

$55.83 – $96.10

ATM IV (30d)

57.2%

IV rank

2 / 100

Low

Expected move

±$10.76 (±15.0%)

Put/call OI

1.05

Max pain

$68

↓ 5.4% below close

Next earnings

Nov 1, 2026

Most Active CVNA Contracts

Contract	Expiration	DTE	Last	IV	Volume
CVNA $66 put	Sep 18, 2026	25d	$1.95	—	5,954
CVNA $72 put	Sep 18, 2026	25d	$4.33	54.2%	5,020
CVNA $50 put	Dec 18, 2026	116d	$2.13	69.7%	3,148
CVNA $90 call	Jun 17, 2027	297d	$10.99	—	2,260
CVNA $74 call	Jun 17, 2027	297d	$16.66	65.8%	2,000

See all active CVNA contracts →

Explore CVNA Options Statistics

CVNA Implied Volatility

57.2% ATM IV (30d)

An IV rank of 2 places implied volatility in the lower part of its 52-week range.

Full implied volatility analysis →

CVNA Open Interest

1.05 put/call OI ratio

439,211 calls and 459,705 puts outstanding across all expirations.

Full open interest analysis →

CVNA Max Pain

$68 max pain

5.4% below the last close — see how max pain has moved over the past year.

Full max pain analysis →

CVNA Gamma Exposure

$824.03M net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

CVNA Options Volume

55,007 contracts traded

Put/call volume ratio 1.50 — plus contracts running far above their usual volume.

Full volume & flow analysis →

CVNA Most Active Options

$66 top volume strike

The 25 most actively traded CVNA contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Upcoming Earnings

CVNA's next expected earnings date is Nov 1, 2026. Options currently price a ±$10.76 (±15.0%) move for the front expiration.

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CVNA Options FAQ

When is CVNA's next earnings date?

CVNA's next expected earnings date is Nov 1, 2026. Options currently price a ±$10.76 (±15.0%) move for the front expiration.

How often is CVNA options data on this page updated?

All CVNA statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see CVNA max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated CVNA pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.