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 ±57.8% (31.26–116.86) · ATM IV 64.0% · P/C open interest 0.71
| 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 | |
| 42.25 | 42.75 | 44 | 70.8% | 0.90 | 0.0028 | -0.004 | 38 | 3.95 | 4.35 | 398 | 69.6% | -0.10 | 0.0029 | -0.010 | ||
| 41.25 | 42.30 | 20 | 70.1% | 0.90 | 0.0029 | -0.005 | 39 | 4.35 | 4.60 | 180 | 69.7% | -0.10 | 0.0030 | -0.011 | ||
| 40.90 | 41.40 | 96 | 70.1% | 0.89 | 0.0030 | -0.005 | 40 | 4.60 | 4.90 | 7 | 2,115 | 69.4% | -0.11 | 0.0032 | -0.011 | |
| 39.45 | 40.25 | 18 | 69.6% | 0.88 | 0.0033 | -0.006 | 42 | 5.15 | 5.55 | 136 | 69.0% | -0.12 | 0.0034 | -0.011 | ||
| 38.30 | 38.80 | 21 | 68.9% | 0.87 | 0.0035 | -0.007 | 44 | 5.80 | 6.10 | 240 | 68.5% | -0.13 | 0.0037 | -0.012 | ||
| 37.25 | 38.25 | 26 | 67.8% | 0.86 | 0.0036 | -0.007 | 45 | 6.10 | 6.35 | 5 | 19 | 68.0% | -0.14 | 0.0038 | -0.013 | |
| 36.45 | 37.85 | 33 | 67.6% | 0.86 | 0.0038 | -0.008 | 46 | 6.40 | 6.80 | 2 | 339 | 68.0% | -0.15 | 0.0039 | -0.013 | |
| 35.70 | 36.35 | 34 | 67.6% | 0.85 | 0.0040 | -0.009 | 48 | 7.15 | 7.35 | 117 | 67.4% | -0.16 | 0.0042 | -0.013 | ||
| 34.60 | 35.60 | 16 | 279 | 68.4% | 0.83 | 0.0042 | -0.009 | 50 | 7.90 | 8.15 | 1,098 | 67.3% | -0.17 | 0.0044 | -0.014 | |
| 33.30 | 34.20 | 446 | 67.0% | 0.82 | 0.0044 | -0.010 | 52 | 8.65 | 8.95 | 149 | 66.9% | -0.18 | 0.0047 | -0.015 | ||
| 32.20 | 33.10 | 92 | 66.7% | 0.81 | 0.0046 | -0.011 | 54 | 9.45 | 9.75 | 854 | 66.6% | -0.20 | 0.0049 | -0.015 | ||
| 31.75 | 33.30 | 51 | 68.2% | 0.80 | 0.0048 | -0.011 | 55 | 9.65 | 10.20 | 1,559 | 66.1% | -0.20 | 0.0050 | -0.015 | ||
| 31.45 | 31.85 | 120 | 66.6% | 0.80 | 0.0049 | -0.011 | 56 | 10.25 | 10.60 | 101 | 66.2% | -0.21 | 0.0051 | -0.016 | ||
| 30.10 | 31.05 | 129 | 66.1% | 0.78 | 0.0051 | -0.012 | 58 | 11.15 | 11.65 | 94 | 66.3% | -0.22 | 0.0054 | -0.016 | ||
| 29.15 | 29.95 | 481 | 65.8% | 0.77 | 0.0053 | -0.013 | 60 | 12.05 | 12.45 | 911 | 65.8% | -0.24 | 0.0056 | -0.017 | ||
| 28.20 | 29.00 | 599 | 65.5% | 0.76 | 0.0054 | -0.013 | 62 | 12.95 | 13.35 | 167 | 65.4% | -0.25 | 0.0058 | -0.017 | ||
| 27.30 | 28.05 | 1,901 | 65.3% | 0.74 | 0.0056 | -0.014 | 64 | 13.95 | 14.40 | 169 | 65.4% | -0.27 | 0.0060 | -0.017 | ||
| 26.75 | 27.55 | 521 | 65.0% | 0.74 | 0.0057 | -0.014 | 65 | 14.45 | 14.80 | 669 | 65.1% | -0.27 | 0.0061 | -0.017 | ||
| 26.40 | 27.10 | 5,674 | 65.0% | 0.73 | 0.0058 | -0.015 | 66 | 14.90 | 15.35 | 352 | 64.9% | -0.28 | 0.0062 | -0.018 | ||
| 25.50 | 26.25 | 6,516 | 64.8% | 0.72 | 0.0060 | -0.015 | 68 | 16.00 | 16.50 | 242 | 65.0% | -0.29 | 0.0064 | -0.018 | ||
| 24.85 | 25.60 | 5 | 3,261 | 65.2% | 0.70 | 0.0061 | -0.015 | 70 | 17.00 | 17.50 | 19 | 1,685 | 64.6% | -0.31 | 0.0066 | -0.018 |
| 24.00 | 24.35 | 6,973 | 64.3% | 0.69 | 0.0062 | -0.016 | 72 | 18.10 | 18.40 | 79 | 64.0% | -0.32 | 0.0068 | -0.018 | ||
| 22.95 | 23.70 | 3 | 350 | 63.9% | 0.68 | 0.0064 | -0.016 | 74 | 19.20 | 19.75 | 1,057 | 64.2% | -0.34 | 0.0070 | -0.019 | |
| 22.60 | 23.25 | 13 | 33 | 63.8% | 0.67 | 0.0064 | -0.017 | 75 | 19.80 | 20.10 | 126 | 63.7% | -0.34 | 0.0070 | -0.019 | |
| 22.40 | 23.00 | 150 | 64.2% | 0.66 | 0.0065 | -0.017 | 76 | 20.40 | 20.75 | 550 | 131 | 63.8% | -0.35 | 0.0071 | -0.019 | |
| 21.50 | 22.25 | 48 | 63.7% | 0.65 | 0.0066 | -0.017 | 78 | 21.55 | 22.25 | 350 | 64.1% | -0.36 | 0.0073 | -0.019 | ||
| 20.75 | 21.45 | 4 | 4,776 | 63.4% | 0.64 | 0.0067 | -0.017 | 80 | 22.50 | 23.20 | 1,690 | 63.1% | -0.38 | 0.0074 | -0.019 | |
| 20.25 | 20.75 | 96 | 63.5% | 0.63 | 0.0068 | -0.018 | 82 | 23.85 | 24.40 | 76 | 63.0% | -0.39 | 0.0076 | -0.019 | ||
| 19.45 | 20.10 | 48 | 63.2% | 0.61 | 0.0069 | -0.018 | 84 | 25.15 | 25.70 | 117 | 63.0% | -0.41 | 0.0077 | -0.019 | ||
| 19.10 | 19.85 | 48 | 63.2% | 0.61 | 0.0070 | -0.018 | 85 | 25.70 | 26.35 | 17 | 62.8% | -0.41 | 0.0077 | -0.019 | ||
| 18.85 | 19.35 | 105 | 63.0% | 0.60 | 0.0070 | -0.018 | 86 | 26.50 | 27.20 | 41 | 63.2% | -0.42 | 0.0078 | -0.019 | ||
| 17.90 | 18.90 | 50 | 62.6% | 0.59 | 0.0071 | -0.018 | 88 | 27.35 | 28.25 | 112 | 62.0% | -0.44 | 0.0079 | -0.019 | ||
| 17.50 | 18.15 | 319 | 62.5% | 0.58 | 0.0071 | -0.018 | 90 | 28.95 | 29.65 | 281 | 62.4% | -0.45 | 0.0080 | -0.019 | ||
| 16.85 | 17.75 | 70 | 62.6% | 0.56 | 0.0072 | -0.019 | 92 | 30.15 | 31.05 | 210 | 62.0% | -0.46 | 0.0081 | -0.019 | ||
| 16.35 | 17.10 | 412 | 62.4% | 0.55 | 0.0072 | -0.019 | 94 | 31.80 | 32.45 | 116 | 62.3% | -0.48 | 0.0082 | -0.019 | ||
| 15.95 | 16.70 | 15 | 62.0% | 0.55 | 0.0072 | -0.019 | 95 | 32.60 | 33.10 | 149 | 62.3% | -0.48 | 0.0083 | -0.019 | ||
| 15.80 | 16.50 | 32 | 62.2% | 0.54 | 0.0073 | -0.019 | 96 | 33.25 | 33.95 | 110 | 62.4% | -0.49 | 0.0083 | -0.019 | ||
| 15.15 | 15.90 | 661 | 61.8% | 0.53 | 0.0073 | -0.019 | 98 | 34.45 | 35.25 | 84 | 61.8% | -0.50 | 0.0084 | -0.019 | ||
| 14.70 | 15.60 | 1,732 | 62.1% | 0.52 | 0.0073 | -0.019 | 100 | 35.80 | 36.70 | 107 | 61.5% | -0.52 | 0.0085 | -0.019 | ||
| 14.25 | 14.95 | 192 | 61.8% | 0.51 | 0.0074 | -0.019 | 102 | 36.95 | 38.20 | 94 | 61.0% | -0.53 | 0.0085 | -0.019 | ||
| 13.85 | 14.55 | 288 | 61.9% | 0.49 | 0.0074 | -0.019 | 104 | 38.95 | 39.70 | 15 | 61.7% | -0.54 | 0.0086 | -0.019 | ||
| 13.50 | 14.30 | 149 | 61.6% | 0.49 | 0.0074 | -0.019 | 105 | 39.60 | 40.40 | 81 | 61.4% | -0.55 | 0.0086 | -0.019 | ||
| 13.35 | 14.10 | 284 | 61.7% | 0.48 | 0.0074 | -0.019 | 106 | 40.35 | 41.15 | 103 | 61.3% | -0.56 | 0.0087 | -0.019 | ||
| 12.70 | 13.55 | 127 | 61.2% | 0.47 | 0.0074 | -0.019 | 108 | 41.85 | 42.75 | 87 | 61.3% | -0.57 | 0.0087 | -0.019 | ||
| 12.40 | 13.20 | 350 | 61.4% | 0.46 | 0.0074 | -0.019 | 110 | 43.40 | 44.30 | 52 | 61.2% | -0.58 | 0.0088 | -0.018 | ||
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 21, 2028
Volatility page →Implied volatility per strike for this expiration. Out-of-the-money puts usually price higher IV than calls — the skew.