Carvana Co. (CVNA)

CVNA trades at $375.89, pinned near the near-term max pain of $375 expiring Oct 10, 2025 (5 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($195-$460), signaling increased put positioning or downside protection. Key magnetic zone at 350 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for CVNA shows a downward trend from 460 to 195, indicating bearish sentiment or hedging activity. The 76% spread signals divergent expectations across timeframes. Levels distributed around 375.89. Strong magnetic level at 350 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.