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Carnival call volume above normal and directionally bullish

Bullish option flow detected in Carnival with 19,815 calls trading, 1.3x expected, and implied vol increasing over 1 point to 74.64%. Dec-22 10 calls and 12/2 weekly 10 calls are the most active options, with total volume in those strikes near 9,700 contracts. The Put/Call Ratio is 0.47. Earnings are expected on December 20th.

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