Should You Buy Puts on Carvana Stock?

In this episode, Motley Fool Contributor, Connor Allen, breaks down Carvana's (NYSE: CVNA) future -- which does not look good. Its weak balance sheet combined with a high cash burn displayed in its most recent earnings report has put this company in a precarious position. Buying puts might be the best way to benefit from this stock. 

*Stock prices used were the after-market prices of Nov. 11, 2022. The video was published on Nov. 15, 2022.

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Source Fool.com