Bearish flow noted in Norwegian Cruise Lines with 21,204 puts trading, or 1.4x expected. Most active are Feb-24 11 puts and 1/5 weekly 17.5 puts, with total volume in those strikes near 5,800 contracts. The Put/Call Ratio is 1.55, while ATM IV is up over 1 point on the day. Earnings are expected on February 27th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on NCLH:
- Cruise Stocks Go Belly Up in Faltering Leisure Market
- Norwegian Cruise Lines put volume heavy and directionally bearish
- Early notable gainers among liquid option names on December 21st
- Norwegian Cruise Line price target raised to $23 from $19 at Citi
- Carnival price target raised to $23 from $19 at Citi