Author argues Carvana's loan sale margins are implausibly high and insiders are selling, and discloses open put positions.
CVNA — SHORT Author claims Carvana's reported $331 million gain on $1.1 billion in fixed pool loan sales implies a roughly 30% margin, far above the 2-3% gross margin typical for loan bundling, suggesting accounting manipulation. The author also notes that subprime credit consumers are struggling, delinquency rates are rising at all auto loan originators, and Carvana senior officers are dumping shares. The author discloses current open put positions against Carvana.
There is virtually no possible scenario SOMEBODY isn’t fluffing these numbers. At a time when every senior officer at CVNA is dumping shares to the tune of millions of $$$. What do THEY know we don’t?
This Reddit post, published January 05, 2026, features u/BFLO-Retail discussing CVNA. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: u/BFLO-Retail · Tickers: CVNA