I recently invested $595.45K in CVNA calls with a strike price of $157.5, set to expire on 2024-09-20. Carvana has surged an impressive 3,270% this year, outpacing even Nvidia, thanks to strong financial improvements, though I remain cautious of the competitive landscape and potential risks.

Don't forget to buy your CVNA puts for end of September! The market correction suggests CVNA may experience further downside in the coming weeks, making puts a promising bet for profiting from the anticipated decline.