CVNA halt trading, options halt too?

Discussion in 'Options' started by ggelitetrader000, Feb 2, 2023.

  1. Basically title is the question, I got on the CVNA crazy wagon, looks like short squeezing. Several times, the trade for this stock halted. Does it mean, options will halt too>?
     
  2. What do you think?
     
  3. destriero

    destriero

    Yes, these aren't bean futures.
     
  4. i think CVNA is saved just like GAMESTOP, 6b$ in debt, few hundred million in equity. If market cap reaches 30B through extreme squeeze, CVNA management can just sell 6B$ of its holdings to cover debt. Viola!!
     
  5. What holdings?
     
  6. abc1234

    abc1234

    Obviously those car vending machines.
     
  7. tomkat22

    tomkat22

    Not sure CVNA was short squeezing,probably just a bad case of FOMO. Now LUCY on the other hand,,oy vey.
     
  8. A three way merger with AMC, BBBY and CVNA! BBBY handle’s the towels and concession stand. AMC gives a free movie while you’re in a drive-in , swamp meet experience. How do we get GME involved?
     
    MoreLeverage likes this.