CarMax Stock Gearing Up for Quarterly Results

Group 1 - CarMax Inc is set to report its fourth-quarter results on April 10, with analysts expecting earnings of 64 cents per share, indicating a 100% increase from the same quarter last year [1] - The stock has experienced a year-to-date decline of 9.3%, but was up 0.5% at $74.09, aiming to end a three-day losing streak [1] - Historically, CarMax has shown a positive post-earnings trend, finishing higher after six of its last eight reports, with an average move of 7% over the past two years [2] Group 2 - The options market indicates a heightened interest in CarMax, with a 10-day call/put volume ratio of 3.16, ranking higher than 98% of readings from the past year [3] - The current options pricing suggests a larger expected swing of 14.5% following the earnings report, compared to the historical average [2] - There is a potential risk of a negative post-earnings move leading to an unwinding of the current optimism in the options market [3]