In this episode, Motley Fool Contributor, Connor Allen, breaks down Carvana's (CVNA +6.83%) 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.
