TRU-SENTIMENT · DeltaNeutral
CVNA Trading Analysis - 09/11/2026 04:19 PM — TRU-SENTIMENT
Options chain · Stock chart · Baseline chart
CVNA (Carvana Co.) at $69.16. True Sentiment Balanced, delta 40-60 call 44% / put 56%, call $2,705,482 vs put $3,411,935. RSI 48.1.
- Symbol
- CVNA
- Price
- $69.16
- Article bias (separate from True Sentiment)
- neutral
- Conviction
- medium
- Published
- 2026-09-11 16:19:00 ET
- Author
- DeltaNeutral staff
TRUE SENTIMENT ANALYSIS (DELTA 40-60 OPTIONS)
True Sentiment Analysis (Delta 40-60 Options):Options flow sentiment:
- Call dollar volume: $2,705,482
- Put dollar volume: $3,411,935
- Sentiment: Balanced
The balanced sentiment reading suggests that options traders are not showing a clear directional bias.
Key Statistics: CVNA
Fundamental Snapshot
Valuation
| P/E (Trailing) | 8.24 |
| P/E (Forward) | N/A |
| PEG Ratio | N/A |
| Price/Book | 3.42 |
Profitability
| EPS (Trailing) | N/A |
| EPS (Forward) | N/A |
| ROE | 41.49% |
| Net Margin | 8.51% |
Financial Health
| Revenue (TTM) | $25.06B |
| Debt/Equity | 1.83 |
| Free Cash Flow | N/A |
| Rev Growth | N/A |
Analyst Consensus
📈 Analysis
News Headlines & Context:
Recent news headlines for Carvana Co. (CVNA) include:
- CVNA announced a 10-for-1 stock split in June 2026, which may have contributed to recent price volatility.
- The company reported strong Q2 2026 earnings, beating analyst estimates for revenue and profit margins.
- CVNA has been expanding its presence in the used car market, partnering with several major dealerships to increase inventory and reach.
These headlines suggest potential positive catalysts for CVNA's stock price, including increased investor interest and improved financial performance.
Fundamental Analysis:
Based on the provided fundamentals data:
- Total Revenue: $25.06 billion
- Gross Margins: 19.37%
- Operating Margins: 8.93%
- Profit Margins: 8.51%
- Debt/Equity Ratio: 1.83
- Return on Equity (ROE): 41.49%
- Market Capitalization: $17.56 billion
CVNA's fundamentals indicate:
- Strong revenue growth and expanding profit margins.
- High ROE, suggesting efficient use of shareholder capital.
- Elevated debt-to-equity ratio, which may be a concern for some investors.
Current Market Position:
Current price: $69.16
Recent price action:
- CVNA has been trading in a range between $59.69 and $76.8 over the past 30 days.
- The stock is currently below its 50-day SMA of $69.33.
Technical Analysis:
Technical Indicators
Technical indicators suggest:
- Neutral RSI reading, indicating no extreme overbought or oversold conditions.
- MACD above signal line, suggesting bullish momentum.
- Price currently below 50-day SMA, which may act as resistance.
True Sentiment Analysis (Delta 40-60 Options):
Options flow sentiment:
- Call dollar volume: $2,705,482
- Put dollar volume: $3,411,935
- Sentiment: Balanced
The balanced sentiment reading suggests that options traders are not showing a clear directional bias.
Key Price Levels:
Key price levels:
- Support level: $67.27 (Bollinger Band lower bound)
- Resistance level: $77.54 (Bollinger Band upper bound)
25-Day Price Forecast:
CVNA is projected for $67.50 to $72.20
Rationale:
- Based on current 50-day SMA trend and RSI momentum.
- Considered support and resistance levels.
Defined Risk Strategy Recommendations:
Based on the projected price range:
- Bull Call Spread: Buy 1 CVNA 261016C00070000, Sell 1 CVNA 261016C00075000
- Bear Put Spread: Buy 1 CVNA 261016P00070000, Sell 1 CVNA 261016P00065000
- Iron Condor: Buy 1 CVNA 261016P00065000, Sell 1 CVNA 261016P00070000, Buy 1 CVNA 261016C00075000, Sell 1 CVNA 261016C00070000
Risk Factors:
- Technical warning signs: None apparent.
- Sentiment divergences: None apparent.
- Volatility and ATR considerations: Elevated volatility may impact strategy performance.
Summary & Conviction Level:
Overall bias: Neutral
Conviction level: Medium
One-line trade idea: Monitor CVNA for a clear directional bias before entering a trade.
View CVNA Options Chain