Carvana Co. (CVNA)
NYSE: CVNA
· Real-Time Price · USD
359.57
9.58 (2.74%)
At close: Aug 18, 2025, 3:59 PM
361.15
0.44%
After-hours: Aug 18, 2025, 08:00 PM EDT
CVNA Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for CVNA across all expirations is 172,040.61 shares per 1% move, with 329,734.29 from calls and 157,693.68 from puts. The put-call GEX ratio of 0.48 shows call-heavy positioning, potentially creating volatility as market makers hedge by selling into strength and buying weakness. The highest gamma concentration is at the Aug 22, 25 expiration with 63,420.6 net GEX, which may act as a magnet point for price action. Near-term exposure for Aug 22, 25 suggests potential support from positive gamma hedging flows.
CVNA GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Aug 22, 25 | 107,641.78 | -44,221.18 | 63,420.6 | 0.41 |
| Aug 29, 25 | 20,742.16 | -10,323.52 | 10,418.64 | 0.50 |
| Sep 5, 25 | 22,026.42 | -1,874.86 | 20,151.56 | 0.09 |
| Sep 12, 25 | 3,253.75 | -905.75 | 2,348 | 0.28 |
| Sep 19, 25 | 78,790 | -60,582.89 | 18,207.11 | 0.77 |
| Sep 26, 25 | 302.43 | -177.32 | 125.11 | 0.59 |
| Oct 17, 25 | 23,243.03 | -5,208.98 | 18,034.05 | 0.22 |
| Nov 21, 25 | 13,780.97 | -7,025.58 | 6,755.39 | 0.51 |
| Dec 19, 25 | 19,447.36 | -3,190.76 | 16,256.6 | 0.16 |
| Jan 16, 26 | 23,253.05 | -16,377.65 | 6,875.4 | 0.70 |
| Feb 20, 26 | 1,130.89 | -1,006.09 | 124.8 | 0.89 |
| Mar 20, 26 | 7,913.97 | -2,988.83 | 4,925.14 | 0.38 |
| Jun 18, 26 | 2,854.87 | -1,868.73 | 986.14 | 0.65 |
| Dec 18, 26 | 1,677.53 | -695.86 | 981.67 | 0.41 |
| Jan 15, 27 | 2,709.28 | -829.37 | 1,879.91 | 0.31 |
| Jun 17, 27 | 966.8 | -416.31 | 550.49 | 0.43 |