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 ±55.2% (27.30–94.55) · ATM IV 64.5% · 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 | |
| 32.95 | 35.25 | 85 | 65.9% | 0.90 | 0.0034 | -0.005 | 31 | 2.97 | 3.20 | 59 | 70.8% | -0.09 | 0.0035 | -0.009 | ||
| 33.20 | 34.65 | 4 | 70.3% | 0.90 | 0.0036 | -0.005 | 32 | 3.15 | 3.45 | 158 | 70.1% | -0.10 | 0.0037 | -0.009 | ||
| 32.25 | 33.95 | 15 | 68.8% | 0.89 | 0.0038 | -0.006 | 33 | 3.45 | 3.80 | 139 | 70.3% | -0.11 | 0.0039 | -0.009 | ||
| 30.00 | 33.20 | 85 | 61.9% | 0.88 | 0.0040 | -0.006 | 34 | 3.70 | 4.10 | 547 | 70.0% | -0.12 | 0.0041 | -0.010 | ||
| 31.20 | 32.60 | 191 | 69.3% | 0.88 | 0.0042 | -0.007 | 35 | 3.95 | 4.50 | 344 | 70.0% | -0.12 | 0.0043 | -0.010 | ||
| 30.50 | 31.90 | 35 | 68.6% | 0.87 | 0.0044 | -0.007 | 36 | 4.35 | 4.60 | 568 | 69.3% | -0.13 | 0.0045 | -0.011 | ||
| 29.40 | 31.40 | 30 | 67.3% | 0.86 | 0.0045 | -0.007 | 37 | 4.60 | 5.20 | 39 | 69.8% | -0.14 | 0.0047 | -0.011 | ||
| 27.50 | 30.70 | 36 | 62.5% | 0.86 | 0.0047 | -0.008 | 38 | 4.95 | 5.70 | 398 | 70.2% | -0.14 | 0.0049 | -0.011 | ||
| 28.95 | 30.15 | 20 | 69.4% | 0.85 | 0.0049 | -0.008 | 39 | 5.20 | 5.65 | 171 | 68.5% | -0.15 | 0.0051 | -0.012 | ||
| 27.55 | 29.35 | 90 | 66.0% | 0.84 | 0.0051 | -0.009 | 40 | 5.65 | 6.05 | 1 | 2,039 | 68.7% | -0.16 | 0.0053 | -0.012 | |
| 26.25 | 28.35 | 28 | 65.9% | 0.83 | 0.0054 | -0.010 | 42 | 6.40 | 6.95 | 152 | 68.8% | -0.18 | 0.0057 | -0.013 | ||
| 25.75 | 27.10 | 21 | 67.0% | 0.81 | 0.0058 | -0.011 | 44 | 7.15 | 7.40 | 389 | 67.4% | -0.19 | 0.0061 | -0.013 | ||
| 23.50 | 26.40 | 41 | 61.8% | 0.80 | 0.0059 | -0.011 | 45 | 7.55 | 7.75 | 40 | 53 | 67.1% | -0.20 | 0.0063 | -0.014 | |
| 24.25 | 25.90 | 35 | 65.2% | 0.79 | 0.0061 | -0.011 | 46 | 7.95 | 8.35 | 326 | 67.4% | -0.21 | 0.0064 | -0.014 | ||
| 22.10 | 24.85 | 29 | 62.2% | 0.78 | 0.0064 | -0.012 | 48 | 8.80 | 9.90 | 119 | 68.7% | -0.23 | 0.0068 | -0.015 | ||
| 22.40 | 23.85 | 290 | 65.2% | 0.76 | 0.0067 | -0.013 | 50 | 9.70 | 10.05 | 1,455 | 66.5% | -0.24 | 0.0071 | -0.015 | ||
| 20.70 | 22.85 | 446 | 63.2% | 0.75 | 0.0070 | -0.013 | 52 | 10.65 | 11.05 | 314 | 66.3% | -0.26 | 0.0075 | -0.016 | ||
| 20.00 | 21.90 | 91 | 63.4% | 0.73 | 0.0072 | -0.014 | 54 | 11.55 | 11.95 | 932 | 65.6% | -0.28 | 0.0078 | -0.016 | ||
| 20.45 | 21.60 | 10 | 65.6% | 0.72 | 0.0074 | -0.014 | 55 | 12.15 | 12.50 | 649 | 65.8% | -0.29 | 0.0079 | -0.016 | ||
| 20.60 | 21.10 | 120 | 66.6% | 0.71 | 0.0075 | -0.014 | 56 | 12.65 | 13.00 | 5 | 167 | 65.6% | -0.30 | 0.0081 | -0.016 | |
| 17.65 | 20.15 | 129 | 61.7% | 0.70 | 0.0077 | -0.015 | 58 | 13.75 | 14.15 | 143 | 65.6% | -0.31 | 0.0083 | -0.017 | ||
| 17.55 | 19.45 | 540 | 63.3% | 0.68 | 0.0079 | -0.015 | 60 | 14.85 | 15.40 | 30 | 1,028 | 65.6% | -0.33 | 0.0086 | -0.017 | |
| 16.80 | 18.55 | 601 | 62.9% | 0.66 | 0.0081 | -0.016 | 62 | 15.95 | 16.55 | 224 | 65.3% | -0.35 | 0.0088 | -0.017 | ||
| 16.80 | 17.80 | 1,918 | 64.2% | 0.65 | 0.0083 | -0.016 | 64 | 17.15 | 18.10 | 169 | 65.9% | -0.37 | 0.0091 | -0.018 | ||
| 16.90 | 17.40 | 541 | 65.0% | 0.64 | 0.0084 | -0.016 | 65 | 17.75 | 18.35 | 682 | 65.1% | -0.38 | 0.0092 | -0.018 | ||
| 16.60 | 17.10 | 5,678 | 65.1% | 0.63 | 0.0084 | -0.016 | 66 | 18.25 | 18.70 | 18 | 407 | 64.8% | -0.39 | 0.0093 | -0.018 | |
| 15.15 | 16.35 | 6,523 | 63.3% | 0.62 | 0.0086 | -0.017 | 68 | 19.60 | 21.30 | 252 | 66.9% | -0.40 | 0.0095 | -0.018 | ||
| 15.00 | 15.75 | 3,780 | 64.2% | 0.60 | 0.0087 | -0.017 | 70 | 20.80 | 21.90 | 1,492 | 65.3% | -0.42 | 0.0097 | -0.018 | ||
| 13.95 | 15.05 | 7,478 | 63.2% | 0.58 | 0.0088 | -0.017 | 72 | 22.00 | 22.55 | 115 | 63.6% | -0.44 | 0.0099 | -0.018 | ||
| 13.40 | 14.55 | 26 | 365 | 63.3% | 0.57 | 0.0089 | -0.017 | 74 | 23.50 | 23.90 | 1,057 | 63.8% | -0.46 | 0.0100 | -0.018 | |
| 13.20 | 14.10 | 43 | 63.1% | 0.56 | 0.0089 | -0.017 | 75 | 24.10 | 24.95 | 387 | 64.3% | -0.46 | 0.0101 | -0.018 | ||
| 13.35 | 13.90 | 179 | 64.0% | 0.55 | 0.0090 | -0.017 | 76 | 24.85 | 26.00 | 559 | 65.0% | -0.47 | 0.0102 | -0.018 | ||
| 12.50 | 13.45 | 96 | 63.5% | 0.54 | 0.0090 | -0.017 | 78 | 26.10 | 27.00 | 345 | 63.8% | -0.49 | 0.0103 | -0.018 | ||
| 11.30 | 12.80 | 4,557 | 61.9% | 0.52 | 0.0091 | -0.017 | 80 | 27.60 | 28.00 | 1,655 | 63.0% | -0.51 | 0.0104 | -0.018 | ||
| 11.30 | 12.20 | 136 | 62.5% | 0.51 | 0.0091 | -0.017 | 82 | 29.10 | 31.20 | 76 | 66.3% | -0.52 | 0.0105 | -0.018 | ||
| 10.90 | 11.80 | 116 | 62.7% | 0.50 | 0.0091 | -0.018 | 84 | 30.50 | 31.50 | 117 | 63.8% | -0.54 | 0.0106 | -0.018 | ||
| 10.60 | 11.55 | 82 | 62.5% | 0.49 | 0.0092 | -0.018 | 85 | 31.25 | 32.45 | 17 | 64.1% | -0.55 | 0.0107 | -0.018 | ||
| 10.40 | 11.35 | 106 | 62.6% | 0.48 | 0.0092 | -0.018 | 86 | 32.05 | 33.10 | 41 | 64.0% | -0.55 | 0.0107 | -0.018 | ||
| 10.35 | 10.85 | 81 | 63.1% | 0.47 | 0.0092 | -0.017 | 88 | 33.55 | 35.90 | 110 | 66.3% | -0.57 | 0.0108 | -0.018 | ||
| 9.80 | 10.40 | 27 | 353 | 62.7% | 0.46 | 0.0091 | -0.017 | 90 | 34.95 | 36.25 | 260 | 63.6% | -0.59 | 0.0108 | -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.