Author reports large profits on Carvana $420 Feb26 puts and remains heavily bearish, expecting shares to open in the $320-340 range after mediocre results.
CVNA — SHORT The author remains heavily bearish on Carvana, arguing big-name traders will shrug off its mediocre results and shares will likely open in the $320-340 range. The mechanism is that weak fundamentals will drive continued downside despite any initial trader indifference. The catalyst is the post-earnings trading session, with the author planning to open and close positions aggressively. Main risk is the inherent volatility of a heavily shorted, high-beta name.
My thesis is the big name traders are going to generally shrug off CVNA’s mediocre results, shares will likely open tomorrow in the $320-340 range for an INSANE day of trading.
This Reddit post, published February 18, 2026, features u/BFLO-Retail discussing CVNA. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: u/BFLO-Retail · Tickers: CVNA