Carvana Co. (CVNA)
Carvana Max Pain By Strike
CVNA trades at $359.57, 2.7% above the near-term max pain of $350 expiring Aug 22, 2025 (3 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($195-$370), reflecting growing call interest at higher strikes. Key magnetic zone at 350 where 5 expirations converge.
Carvana Max Pain By Expiry
Max pain for CVNA shows an upward trend from 195 to 370, suggesting bullish positioning in longer-dated options. The 55% spread signals divergent expectations across timeframes. Most levels below 359.57 may cap rallies. Strong magnetic level at 350 (5 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 22, 2025 | 350 | -9.57 (-2.66%) |
| Aug 29, 2025 | 350 | -9.57 (-2.66%) |
| Sep 5, 2025 | 350 | -9.57 (-2.66%) |
| Sep 12, 2025 | 355 | -4.57 (-1.27%) |
| Sep 19, 2025 | 320 | -39.57 (-11.01%) |
| Sep 26, 2025 | 345 | -14.57 (-4.05%) |
| Oct 17, 2025 | 370 | 10.43 (2.90%) |
| Nov 21, 2025 | 330 | -29.57 (-8.22%) |
| Dec 19, 2025 | 340 | -19.57 (-5.44%) |
| Jan 16, 2026 | 290 | -69.57 (-19.35%) |
| Feb 20, 2026 | 350 | -9.57 (-2.66%) |
| Mar 20, 2026 | 350 | -9.57 (-2.66%) |
| Jun 18, 2026 | 320 | -39.57 (-11.01%) |
| Dec 18, 2026 | 195 | -164.57 (-45.77%) |
| Jan 15, 2027 | 200 | -159.57 (-44.38%) |
| Jun 17, 2027 | 320 | -39.57 (-11.01%) |