CARVANA CO. (CVNA) Options Volume

55,007 CARVANA CO. (CVNA) option contracts changed hands in the latest session, at a put/call volume ratio of 1.50. This page tracks how actively CVNA options trade — contracts and dollars — and flags individual contracts running far above their own 30-day average volume.

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

Options Volume & Premium Flow

Total options volume55,007
Call volume21,966
Put volume33,041
Put/call volume ratio1.50
Listed contracts2,328
Call premium traded$13.83M
Put premium traded$11.4M
Premium put/call ratio0.82
Open interest rank (31 day)0 / 100
Skew rank (31 day)40 / 100

CVNA Options Volume Trend

051.3K102.5K153.8K205.1KFeb '26May '26Aug '26

CVNA total options volume per session, past year.

0.001.753.505.257.00Feb '26May '26Aug '26

CVNA put/call volume ratio, past year.

CVNA Unusual Options Activity

Contracts trading at least 3× their own 30-day average volume (minimum 500 contracts):

ContractExpirationLastIV Open interestVolumevs 30d avg
CVNA $72 put Sep 18, 2026 $4.33 54.2% 1,357 5,020 48.9× avg
CVNA $50 put Dec 18, 2026 $2.13 69.7% 4,553 3,148 128.7× avg
CVNA $74 call Jun 17, 2027 $16.66 65.8% 2,553 2,000 31.5× avg
CVNA $79 call Sep 4, 2026 $0.76 0.0% 70 1,828 10.9× avg
CVNA $70 put Dec 18, 2026 $8.75 64.4% 601 1,538 61.1× avg
CVNA $68 put Dec 18, 2026 $8.06 32.2% 1,596 1,501 34.7× avg
CVNA $40 put Sep 18, 2026 $0.06 500.0% 7,257 1,323 56.3× avg

With a put/call volume ratio of 1.50, today's trading is tilted toward puts. Measured in dollars rather than contracts, $13.83M of call premium and $11.4M of put premium changed hands — the larger premium flow is on the call side. 7 contracts are trading at least three times their own 30-day average volume — activity worth a closer look.

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CVNA Options FAQ

How many CVNA options traded today?

55,007 CVNA option contracts traded as of Aug 24, 2026 — 21,966 calls and 33,041 puts.

Is there unusual options activity in CVNA today?

Yes — 7 contracts are trading at least three times their 30-day average volume as of Aug 24, 2026. OptiView flags a contract as unusual when today's volume runs at 3× its own average with at least 500 contracts traded.

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.