Recent comments in /f/wallstreetbets

DYTTIGAF t1_j9bwq1l wrote

Consumers need to qualify for these cars. Carvana does not hold the notes. The notes are repackaged an sold to investors.

Institutional investors will not buy securities from Carvana with car loans from people who live paycheck to paycheck (paying 21% ).

They did this with subprime mortgages back in 2007. They won't do it again.

Carvana is finished.

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iWriteYourMusic t1_j9bvvy3 wrote

You wouldn’t. I think there are some good options calculators out there that can help you simulate IV crush. I don’t remember what the are. Personally if I feel like gambling earnings I do shares so I can get out during the big AH move. I want to go short CVNA and a BYND eod on Wednesday but I’m not sure I have the stones.

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