Retail trader reports profitable CVNA put trades and remains bearish, arguing Carvana's valuation is unjustified and the stock should trade between $35-$70.
CVNA — SHORT The author remains bearish on Carvana and is fully ready to disclose continued short positions, having already profited from $420 CVNA puts opened before earnings and sold last week. The core argument is valuation: CVNA should be worth $35-$70 per share because even if the company were honest (which the author claims it is not), the market has it trading at an insane multiple with decades of future growth already priced in. The main stated risk is extreme volatility in CVNA put trades, which the author acknowledges have seen losses.
I remain bearish against Carvana and I’m fully ready to disclose continued short positions.
CVNA should has a value of $35-$70 per share. Even if they were honest (they are not) the market has them trading at an insane multiple with decades of future growth cooked in.
This Reddit post, published February 22, 2026, features u/BFLO-Retail discussing CVNA. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: u/BFLO-Retail · Tickers: CVNA