CVNA option chain Carvana Co.
Each row is one strike. The left half is the call, the right half the put. Bid/ask are what buyers and sellers currently quote; volume is contracts traded this session; open interest is standing contracts. The highlighted row sits closest to the stock price.
This expiration prices a move of about ±26.3% (43.52–74.62) · ATM IV 66.0% · P/C open interest 1.01
| CALLS | Strike | PUTS | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bid | Ask | Vol | OIThe number of option contracts currently outstanding at a strike or expiration. High open interest shows where positions are concentrated. | IV | ΔModel sensitivity of an option's price to a $1 move in the stock; also used as a rough moneyness scale (a 25-delta option is well out of the money). | Γ | Θ | Bid | Ask | Vol | OI | IV | Δ | Γ | Θ | |
| 28.60 | 31.20 | 126 | 98.0% | 0.97 | 0.0028 | -0.009 | 30 | 0.1000 | 0.4000 | 7,793 | 77.8% | -0.03 | 0.0028 | -0.009 | ||
| 26.55 | 30.25 | 60 | 72.8% | 0.96 | 0.0032 | -0.010 | 31 | 0.2300 | 0.4400 | 12 | 664 | 78.9% | -0.03 | 0.0032 | -0.010 | |
| 26.05 | 29.35 | 249 | 82.6% | 0.96 | 0.0036 | -0.011 | 32 | 0.2100 | 0.7200 | 654 | 81.0% | -0.04 | 0.0037 | -0.011 | ||
| 25.80 | 28.40 | 275 | 91.1% | 0.95 | 0.0041 | -0.012 | 33 | 0.1900 | 0.6300 | 4 | 326 | 75.4% | -0.05 | 0.0041 | -0.012 | |
| 24.90 | 27.50 | 280 | 89.6% | 0.95 | 0.0046 | -0.013 | 34 | 0.3800 | 0.8400 | 1,020 | 79.0% | -0.05 | 0.0046 | -0.013 | ||
| 24.05 | 26.75 | 272 | 90.3% | 0.94 | 0.0052 | -0.015 | 35 | 0.5900 | 0.7500 | 2 | 924 | 77.4% | -0.06 | 0.0052 | -0.015 | |
| 22.00 | 24.45 | 1,329 | 0.93 | 0.0057 | -0.016 | 36 | 0.6000 | 0.8700 | 9 | 822 | 75.8% | -0.07 | 0.0058 | -0.016 | ||
| 22.10 | 24.80 | 111 | 83.3% | 0.92 | 0.0063 | -0.017 | 37 | 0.5900 | 1.01 | 9 | 521 | 74.1% | -0.08 | 0.0064 | -0.017 | |
| 20.45 | 23.95 | 1,241 | 74.1% | 0.92 | 0.0070 | -0.019 | 38 | 0.6900 | 1.22 | 9 | 1,603 | 74.4% | -0.08 | 0.0070 | -0.019 | |
| 19.40 | 21.85 | 501 | 55.1% | 0.91 | 0.0076 | -0.020 | 39 | 0.9100 | 1.24 | 77 | 1,677 | 73.5% | -0.09 | 0.0077 | -0.020 | |
| 19.80 | 22.35 | 1,646 | 83.2% | 0.90 | 0.0083 | -0.022 | 40 | 1.25 | 1.37 | 212 | 11.5K | 74.6% | -0.11 | 0.0084 | -0.022 | |
| 16.90 | 19.75 | 1,332 | 62.5% | 0.87 | 0.0097 | -0.025 | 42 | 1.29 | 1.96 | 6 | 1,005 | 73.0% | -0.13 | 0.0098 | -0.025 | |
| 16.55 | 17.95 | 526 | 70.6% | 0.85 | 0.0112 | -0.028 | 44 | 1.83 | 2.24 | 13 | 4,263 | 72.1% | -0.16 | 0.0113 | -0.028 | |
| 14.50 | 17.50 | 31 | 63.3% | 0.83 | 0.0120 | -0.029 | 45 | 2.13 | 2.60 | 24 | 1,529 | 73.0% | -0.17 | 0.0121 | -0.029 | |
| 15.20 | 16.25 | 473 | 69.5% | 0.82 | 0.0127 | -0.030 | 46 | 2.37 | 2.66 | 48 | 2,437 | 71.2% | -0.18 | 0.0128 | -0.031 | |
| 12.95 | 15.40 | 360 | 67.4% | 0.78 | 0.0142 | -0.033 | 48 | 2.80 | 3.25 | 13 | 1,531 | 69.9% | -0.22 | 0.0143 | -0.033 | |
| 11.45 | 13.90 | 6 | 592 | 65.3% | 0.75 | 0.0156 | -0.035 | 50 | 3.30 | 4.40 | 147 | 4,795 | 71.2% | -0.25 | 0.0157 | -0.036 |
| 10.20 | 13.25 | 693 | 68.1% | 0.71 | 0.0168 | -0.038 | 52 | 4.15 | 4.60 | 88 | 2,030 | 68.5% | -0.29 | 0.0171 | -0.038 | |
| 9.10 | 11.60 | 441 | 65.7% | 0.68 | 0.0180 | -0.039 | 54 | 4.95 | 5.40 | 1 | 4,736 | 67.9% | -0.33 | 0.0182 | -0.040 | |
| 9.40 | 11.05 | 10 | 202 | 69.5% | 0.66 | 0.0185 | -0.040 | 55 | 5.35 | 6.00 | 36 | 818 | 68.3% | -0.35 | 0.0188 | -0.041 |
| 7.90 | 9.70 | 8 | 1,830 | 61.1% | 0.64 | 0.0190 | -0.041 | 56 | 5.65 | 6.40 | 6 | 2,198 | 67.0% | -0.37 | 0.0193 | -0.041 |
| 7.25 | 9.25 | 6 | 450 | 64.9% | 0.60 | 0.0198 | -0.042 | 58 | 5.85 | 7.15 | 908 | 62.2% | -0.41 | 0.0201 | -0.042 | |
| 6.10 | 7.90 | 14 | 1,842 | 61.7% | 0.56 | 0.0203 | -0.042 | 60 | 7.80 | 9.30 | 29 | 5,018 | 70.4% | -0.45 | 0.0207 | -0.043 |
| 6.30 | 6.85 | 50 | 654 | 65.0% | 0.52 | 0.0207 | -0.042 | 62 | 8.05 | 10.55 | 7 | 1,471 | 66.6% | -0.49 | 0.0211 | -0.043 |
| 5.25 | 6.15 | 347 | 63.7% | 0.48 | 0.0208 | -0.042 | 64 | 9.55 | 11.85 | 9 | 1,313 | 67.8% | -0.53 | 0.0213 | -0.043 | |
| 4.85 | 6.60 | 10 | 842 | 66.8% | 0.46 | 0.0208 | -0.041 | 65 | 9.85 | 12.45 | 770 | 66.0% | -0.55 | 0.0213 | -0.043 | |
| 3.85 | 6.20 | 8 | 485 | 63.5% | 0.44 | 0.0207 | -0.041 | 66 | 11.35 | 12.60 | 1 | 1,040 | 67.3% | -0.57 | 0.0213 | -0.042 |
| 3.30 | 5.30 | 704 | 62.3% | 0.40 | 0.0204 | -0.040 | 68 | 11.90 | 13.55 | 810 | 61.5% | -0.61 | 0.0210 | -0.041 | ||
| 2.92 | 4.70 | 4 | 3,082 | 62.6% | 0.36 | 0.0200 | -0.039 | 70 | 13.35 | 15.85 | 3 | 2,075 | 65.2% | -0.64 | 0.0207 | -0.040 |
| 3.00 | 4.25 | 43 | 3,967 | 62.0% | 0.33 | 0.0194 | -0.037 | 72 | 14.90 | 17.20 | 1,372 | 64.5% | -0.68 | 0.0201 | -0.038 | |
| 2.09 | 3.15 | 102 | 5,318 | 59.5% | 0.30 | 0.0186 | -0.035 | 74 | 16.45 | 19.10 | 970 | 65.9% | -0.71 | 0.0194 | -0.037 | |
| 2.37 | 2.96 | 1,591 | 61.9% | 0.28 | 0.0182 | -0.034 | 75 | 18.05 | 19.10 | 1 | 332 | 65.9% | -0.73 | 0.0191 | -0.036 | |
| 2.15 | 2.74 | 90 | 2,240 | 61.4% | 0.27 | 0.0178 | -0.033 | 76 | 18.70 | 20.70 | 301 | 69.1% | -0.74 | 0.0187 | -0.035 | |
| 1.68 | 2.48 | 15 | 540 | 60.9% | 0.24 | 0.0168 | -0.031 | 78 | 19.20 | 22.00 | 1,669 | 60.7% | -0.77 | 0.0178 | -0.033 | |
| 1.58 | 2.54 | 60 | 20.5K | 63.9% | 0.22 | 0.0159 | -0.029 | 80 | 22.20 | 23.75 | 165 | 1,948 | 68.4% | -0.80 | 0.0170 | -0.031 |
| 1.32 | 2.12 | 2,822 | 62.9% | 0.19 | 0.0149 | -0.027 | 82 | 22.55 | 26.20 | 322 | 64.3% | -0.83 | 0.0160 | -0.029 | ||
| 1.23 | 1.79 | 4,039 | 63.0% | 0.17 | 0.0139 | -0.025 | 84 | 24.35 | 28.05 | 50 | 414 | 64.9% | -0.85 | 0.0151 | -0.028 | |
| 1.03 | 1.41 | 20 | 2,263 | 60.3% | 0.16 | 0.0134 | -0.024 | 85 | 25.85 | 28.95 | 108 | 69.1% | -0.86 | 0.0147 | -0.027 | |
| 0.7100 | 1.62 | 318 | 60.8% | 0.15 | 0.0128 | -0.023 | 86 | 26.10 | 29.05 | 988 | 57.5% | -0.87 | 0.0142 | -0.026 | ||
| 0.8900 | 1.39 | 20 | 2,483 | 63.0% | 0.13 | 0.0118 | -0.021 | 88 | 28.70 | 31.25 | 255 | 67.1% | -0.89 | 0.0134 | -0.024 | |
Strikes shown: within ±50% of the underlying price. Intrinsic value = max(0, price − strike) for calls, max(0, strike − price) for puts; extrinsic = option price − intrinsic. Greeks and IV as computed by the exchange feed.
Volatility smile — Jan 15, 2027
Volatility page →Implied volatility per strike for this expiration. Out-of-the-money puts usually price higher IV than calls — the skew.