Equity Trade Idea: $CVNA Debit Put Spread

Negative Short Term Top Quantamtix signal

We had a negative Top Quantmatix signal in Carvana which switched on at the close last night

We like a defined-risk bearish setup on CVNA (Carvana Co.), using a debit put spread to position for potential short-term downside with limited risk.

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Trade Setup:

• Buy 1 CVNA $345 put

• Sell 1 CVNA $335 put

• Net debit (cost): approx. $3.85

• Max profit: $6.15

• Max loss: $3.85

• Break-even: $341.15

• Expiration: July 25th

• Current reference price: $345.75

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Target Levels

• Target 1: $334.59

• Target 2: $323.37

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📊 Payoff Diagram

Below is the payoff chart for this debit put spread, highlighting:

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Disclaimer:
The trade ideas and commentary shared on this page are provided for educational and informational purposes only. They do not constitute financial advice, investment recommendations, or an offer or solicitation to buy or sell any securities. All content reflects the opinions of the authors and is subject to change without notice. QM Trades does not provide personalized investment advice and is not a registered investment advisor or broker-dealer. Always do your own research and consult with a licensed financial advisor before making any investment decisions. Past performance is not indicative of future results. Trading and investing in financial markets involve risk, including the potential loss of capital.