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Norwegian Cruise Lines call volume above normal and directionally bullish

Bullish option flow detected in Norwegian Cruise Lines with 8,892 calls trading, 1.5x expected, and implied vol increasing over 1 point to 40.35%. 9/29 weekly 17 puts and Oct-23 19 calls are the most active options, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 0.62. Earnings are expected on October 31st.

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