BUY CVNA/ 5/17/24 115 CALLS
Carvana is down 3 days in a row after an unreal weak rising 40% on great earnings. This selloff can be attributed to late money and weak hands having buyer’s remorse from last week. We’ve got some support at the 112 level, and I expect the longer-term investors to prop the shares back up overnight once the paper hands fold.
1 Star Trade last half hour 3:30-4:00
*No earnings plays tonight