Bearish flow noted in Norwegian Cruise Lines with 8,130 puts trading, or 1.2x expected. Most active are 10/4 weekly 19.5 puts and Oct-24 18.5 puts, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 2.69, while ATM IV is up nearly 5 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 Lines put volume heavy and directionally bearish
- Norwegian Cruise Line price target raised to $25 from $21 at Truist
- 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