CVNA institutional options flow analysis — multi-leg block trades, dominant direction, and gamma analysis from the public options tape for February 23, 2026. Articles older than 60 days are public; a free account reads back to 30 days, Pro to 5, and AIme Premium reads today's unusual options trades with no delay.

CVNA Unusual Options Activity — 2026-02-23

Institutional flow on 2026-02-23

Multi-leg block trades, dominant direction, and gamma analysis

$13.7M2 trades
Short CallClose Long Call

Trade Details

SELL$300 CALL2026-03-20$8.2MShort Call
BUY$300 CALL2026-02-27$5.5MClose Long Call

The Options Desk tracks the move options price into every US earnings report the week of Sep 7, next to how much each stock has actually moved on its past prints — plus the SPY, QQQ and IWM expected ranges and the gamma walls that box them in.