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VisualMod t1_j6j4y3v wrote

>This is an interesting analysis. I have to agree that Carvana is likely overstating its assets, which could eventually lead to trouble down the road. However, in the short-term, the stock looks like it still has some room to run up. I would be careful about buying puts right now, as there could be a lot of volatility in the next few days/weeks.

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Jshbone12 OP t1_j6j56g3 wrote

It’s up over 100% in a few days. Short interest is only 54%. Low chance of squeeze and it can’t go up forever

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Snoo-56726 t1_j6jewyg wrote

I personally don't understand buying puts on a stock that has fallen like 98% in one year. Sure it can pull back but a dead cat bounce is more likely if the overall stock market continues January's overall trend.

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ytfyytvbjygb t1_j6kid9g wrote

It is not up over 100% in a few days. 54% short interest is massive. You are skewed from digesting conspiracy theories from financial incels. It is down 93% TTM. You are a fucking idiot.

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stockrot t1_j6klm8b wrote

Your strike price scares me. I like your thinking though

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lmaccaro t1_j6lknn4 wrote

54% is a massive short interest.

Especially since it’s already up 100%. Shorts are stretched now.

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