What is CVNA's IV rank?

At the last close, CVNA's IV rank was 13 with 30-day implied volatility of 53.9%. IV sits 13% of the way from its one-year low to its one-year high. Its IV percentile was 13: IV is higher than 13% of the past year's readings.

What is the expected move for CVNA?

Based on the last close, options expiring Dec 11, 2026 priced a one standard deviation move of $10.75 (14.9%), a range of $61.62 to $83.12. Roughly two times in three, the stock would finish inside that range if the options are priced fairly.

Which option screens have trades on CVNA?

At the last close, these OptionClaws preset screens had passing trades on CVNA: Bull Call Spreads on High-Beta Names (65), Long Call Butterflies for Pinning (24), Iron Condor, 2-ATR Profit Zone (6), Married Put Protection (3). Open a screen in the app to see the individual trades, refreshed intraday.

Is CVNA option volume above average?

At the last close, CVNA option volume was 0.7x its average, quieter than usual.

CVNA options: IV rank, expected move and trade screens

Carvana Co. · Consumer

In the app, stock prices are live and options data is refreshed intraday.

CVNA last closed at $72.37 with 30-day implied volatility of 53.9%. That is near the bottom of its one-year range (IV rank 13), so options on CVNA are cheap compared with its own recent history. Measured by IV percentile, IV is higher than 13% of the past year's readings. Options expiring Dec 11 (28 days out) price a one standard deviation move of about $10.75, or 14.9%.

The price is above both its 50-day (+9.9%) and 200-day (+5.8%) moving averages. It is 24.4% below its 52-week high and 28.6% above its 52-week low. The 14-day RSI of 57.2 is between 30 and 70, neither overbought nor oversold. The 14-day average true range is $3.83, about 5.3% of the price, a measure of a typical day's range.

Option volume at the close (31.7K contracts) was 0.7x its average, quieter than usual. A beta of 1.98 means CVNA has tended to move about 2.0 times as much as the broad market. 4 of our preset screens found trades on CVNA at the close, led by Bull Call Spreads on High-Beta Names with 65 trades.

CVNA stats at the close

Price: $72.37; Market cap $51.9B
Implied volatility: 53.9%; 30-day, at the money
IV rank: 13; IV sits 13% of the way from its one-year low to its one-year high.
IV percentile: 13; IV is higher than 13% of the past year's readings.
ATR (14-day): $3.83; 5.3% of the price on a typical day
RSI (14-day): 57.2; Between 30 and 70, neutral
52-week range: -24.4% from high; +28.6% from the 52-week low
Moving averages: +9.9% vs 50-day; +5.8% vs the 200-day
Beta: 1.98; Sensitivity to the broad market
Option volume: 0.7x avg; 31.7K contracts vs 47.4K average

CVNA expected move by expiration

Expected move = price x at-the-money IV x the square root of (days to expiration / 365), a one standard deviation range. The straddle is the at-the-money call plus put, the market's own price for a move. Compare expected moves across stocks.

Expiration	IV	Expected move	1 SD range	Straddle
Nov 20, 20267 days	54.2%	±$5.43 (7.5%)	$66.94 to $77.80	$4.34
Dec 11, 202628 days	53.7%	±$10.75 (14.9%)	$61.62 to $83.12	$8.55
Jan 15, 202763 days	53.3%	±$16.03 (22.1%)	$56.34 to $88.40	$12.70
Feb 19, 202798 days	55.6%	±$20.84 (28.8%)	$51.53 to $93.21	$16.40

Each expiration has its own implied volatility, and short-dated IV reacts more to near-term events, so the nearest expiration can differ a lot from the 30-day figure.

Trades that pass our screens as of the close

Counts and ranges for CVNA from our preset scans at the last close. Open a preset in the app to see each trade with its strikes, prices, and risk, refreshed intraday. Income strategies show annualized return; the rest show return on risk.

Bull Call Spreads on High-Beta Names

Bull Call Spread

65 trades pass on CVNA

Return on risk: 100.0% to 330.8%
Probability of profit: 26.4% to 53.1%

Bull call spread screener

Long Call Butterflies for Pinning

Call Butterfly

24 trades pass on CVNA

Return on risk: 135.3% to 1,000%+
Probability of profit: 6.3% to 70.2%

Butterfly spread screener

Iron Condor, 2-ATR Profit Zone

Iron Condor

6 trades pass on CVNA

Return on risk: 27.1% to 57.5%
Probability of profit: 71.6% to 77.3%

Iron condor scanner

Married Put Protection

Married Put

3 trades pass on CVNA

Probability of profit: 40.4% to 41.4%

Married put screener

CVNA options FAQ

What is CVNA's IV rank?: At the last close, CVNA's IV rank was 13 with 30-day implied volatility of 53.9%. IV sits 13% of the way from its one-year low to its one-year high. Its IV percentile was 13: IV is higher than 13% of the past year's readings.
What is the expected move for CVNA?: Based on the last close, options expiring Dec 11, 2026 priced a one standard deviation move of $10.75 (14.9%), a range of $61.62 to $83.12. Roughly two times in three, the stock would finish inside that range if the options are priced fairly.
Which option screens have trades on CVNA?: At the last close, these OptionClaws preset screens had passing trades on CVNA: Bull Call Spreads on High-Beta Names (65), Long Call Butterflies for Pinning (24), Iron Condor, 2-ATR Profit Zone (6), Married Put Protection (3). Open a screen in the app to see the individual trades, refreshed intraday.
Is CVNA option volume above average?: At the last close, CVNA option volume was 0.7x its average, quieter than usual.

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