SHORT CVNA/BUY 9/22/23 51 PUT
Carvana is a stock that was near death earlier this year and has ripped from 8 to over $50 a share since May. Today the stock has experiencing an upside Burn Notice as all the late money is scurrying into CVNA to be long it. There’s an early risk off movement in large cap tech,and they usually lead the more speculative stuff, so I expect CVNA to gap lower. We’re also right at resistance on Stockstotrade. 1 Star trade last hour-3:00-4:00