Carvana Co Stock (CVNA)

* Most importantly, after three down days in a row, I covered my medium-sized SPY short yesterday afternoon … * I covered my short $SPY into the teeth of yesterday’s decline. From The Comments Section: Dougie With s and p cash -50 handles i am shorting october monthly puts against my short calls. I also covered …

I’m buying Carvana ($CVNA) puts for September and October. Position: Short SPY common (VS), puts (S)

On Carvana ($CVNA) (which we remain short of): Position: Short CVNA (S)

I have added to the following shorts: BXMT, CHGG, CZR, GRNY, JOET, MGM, MPTI, RICK, SNBR, WGO and WYNN. New shorts: FIGS, CAT, COST, CVNA and WMT. Position: Short all the above

Bank of America downgrades Carvana CVNA. Position: Long BAC (S); Short CVNA (VS)