Carvana Co. (CVNA)
Carvana Max Pain By Strike
CVNA trades at $342.6, 4.6% above the near-term max pain of $327.5 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($195-$370), indicating stable market expectations. Key magnetic zone at 350 where 4 expirations converge.
Carvana Max Pain By Expiry
Max pain for CVNA shows stable levels around 321.91, reflecting balanced market expectations. The 54% spread signals divergent expectations across timeframes. Levels distributed around 342.6. Strong magnetic level at 350 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Aug 15, 2025 | 327.5 | -15.10 (-4.41%) |
| Aug 22, 2025 | 350 | 7.40 (2.16%) |
| Aug 29, 2025 | 350 | 7.40 (2.16%) |
| Sep 5, 2025 | 350 | 7.40 (2.16%) |
| Sep 12, 2025 | 355 | 12.40 (3.62%) |
| Sep 19, 2025 | 320 | -22.60 (-6.60%) |
| Sep 26, 2025 | 345 | 2.40 (0.70%) |
| Oct 17, 2025 | 370 | 27.40 (8.00%) |
| Nov 21, 2025 | 330 | -12.60 (-3.68%) |
| Dec 19, 2025 | 340 | -2.60 (-0.76%) |
| Jan 16, 2026 | 280 | -62.60 (-18.27%) |
| Feb 20, 2026 | 360 | 17.40 (5.08%) |
| Mar 20, 2026 | 350 | 7.40 (2.16%) |
| Jun 18, 2026 | 320 | -22.60 (-6.60%) |
| Dec 18, 2026 | 195 | -147.60 (-43.08%) |
| Jan 15, 2027 | 200 | -142.60 (-41.62%) |
| Jun 17, 2027 | 330 | -12.60 (-3.68%) |