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Carnival call volume above normal and directionally bullish

Bullish option flow detected in Carnival with 41,854 calls trading, 2x expected, and implied vol increasing over 1 point to 49.37%. Apr-24 19 calls and 1/12 weekly 21 calls are the most active options, with total volume in those strikes near 15,500 contracts. The Put/Call Ratio is 0.25. Earnings are expected on December 21st.

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