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Norwegian Cruise Lines call volume above normal and directionally bullish

Bullish option flow detected in Norwegian Cruise Lines with 7,786 calls trading, 1.2x expected, and implied vol increasing over 1 point to 46.12%. 8/4 weekly 19 calls and 8/4 weekly 18.5 puts are the most active options, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 0.57. Earnings are expected on October 31st.

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