Bearish flow noted in Norwegian Cruise Lines with 8,520 puts trading, or 3x expected. Most active are 10/4 weekly 17 puts and 10/4 weekly 21 puts, with total volume in those strikes near 5,700 contracts. The Put/Call Ratio is 2.92, while ATM IV is up over 2 points on the day. Earnings are expected on October 30th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NCLH:
- Norwegian Cruise Line price target raised to $25 from $21 at Truist
- Norwegian Cruise Lines put volume heavy and directionally bearish
- Norwegian Cruise Line price target raised to $25 from $23 at JPMorgan
- Norwegian Cruise Lines call volume above normal and directionally bullish
- Early notable gainers among liquid option names on September 6th