CARVANA CO. (CVNA) Most Active Options

The 25 most actively traded CARVANA CO. (CVNA) option contracts at the latest daily snapshot, ranked by volume. Each row shows the contract's price, implied volatility, delta, open interest, and how today's volume compares with its own 30-day average — click a contract to analyze it in the OptiView platform.

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

ContractExpirationDTELastIV IV rank (30d)DeltaOpen interestVolumevs 30d avg
CVNA $66 put Sep 18, 2026 25d $1.95 12,641 5,954
CVNA $72 put Sep 18, 2026 25d $4.33 54.2% 57 -0.46 1,357 5,020 48.9× avg
CVNA $50 put Dec 18, 2026 116d $2.13 69.7% 14 -0.12 4,553 3,148 128.7× avg
CVNA $90 call Jun 17, 2027 297d $10.99 437 2,260
CVNA $74 call Jun 17, 2027 297d $16.66 65.8% 55 0.62 2,553 2,000 31.5× avg
CVNA $79 call Sep 4, 2026 11d $0.76 0.0% 0 1.00 70 1,828 10.9× avg
CVNA $70 put Dec 18, 2026 116d $8.75 64.4% 13 -0.38 601 1,538 61.1× avg
CVNA $68 put Dec 18, 2026 116d $8.06 32.2% 6 0.68 1,596 1,501 34.7× avg
CVNA $75 call Aug 28, 2026 4d $0.85 0.0% 0 1.00 3,582 1,409 2.6× avg
CVNA $40 put Sep 18, 2026 25d $0.06 500.0% 100 0.00 7,257 1,323 56.3× avg
CVNA $75 call Sep 4, 2026 11d $1.62 0.0% 0 1.00 2,199 1,077 4.0× avg
CVNA $70 call Oct 16, 2026 53d $7.56 59.7% 39 0.60 63 1,050 26.8× avg
CVNA $67 put Sep 4, 2026 11d $0.99 58.0% 12 -0.22 579 798 4.4× avg
CVNA $80 call Aug 28, 2026 4d $0.15 64.9% 43 0.07 11,821 777 2.4× avg
CVNA $75 put Sep 18, 2026 25d $5.70 53.5% 56 -0.58 355 635 6.2× avg
CVNA $73 call Sep 4, 2026 11d $2.42 61.4% 25 0.48 101 630 2.4× avg
CVNA $73 call Aug 28, 2026 4d $1.59 67.4% 43 0.44 562 622 1.2× avg
CVNA $70 put Aug 28, 2026 4d $0.95 61.5% 13 -0.31 559 606 1.4× avg
CVNA $65 put Dec 18, 2026 116d $6.65 735 601
CVNA $78 call Dec 18, 2026 116d $8.12 0.0% 0 1.00 546 550 7.8× avg
CVNA $64 put Aug 28, 2026 4d $0.14 70.7% 44 -0.05 528 543 1.7× avg
CVNA $64 call Dec 18, 2026 116d $14.70 67.0% 50 0.70 585 506 18.4× avg
CVNA $65 put Sep 18, 2026 25d $1.52 58.7% 12 -0.22 1,426 500 3.3× avg
CVNA $60 call Oct 16, 2026 53d $14.02 62.9% 33 0.82 0 480 55.0× avg
CVNA $71 call Aug 28, 2026 4d $2.69 69.7% 17 0.60 2,474 479 1.2× avg

Ranked by volume at the latest daily snapshot. "vs 30d avg" compares today's volume with the contract's own 30-day average.

The most active CVNA contract today is the $66 put expiring in 25 days, with 5,954 contracts traded. Calls dominate the most-active list (13 of the top 25), showing where trading interest concentrates. 14 of these contracts are running well ahead of the usual daily volume.

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CVNA Options FAQ

Which CVNA option contract is most active today?

The most traded CVNA contract is the $66 put expiring Sep 18, 2026, with 5,954 contracts traded as of Aug 24, 2026.

How does OptiView rank the most active CVNA options?

The table lists the 25 CVNA contracts with the highest volume at the latest daily snapshot, alongside price, implied volatility, delta, open interest, and each contract's volume versus its own 30-day average.

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.