Bearish flow noted in Norwegian Cruise Lines with 11,273 puts trading, or 1.7x expected. Most active are Jun-24 12 puts and Mar-24 15 puts, with total volume in those strikes near 6,800 contracts. The Put/Call Ratio is 1.82, while ATM IV is up nearly 2 points 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 the top stocks recommended by analysts >>
Read More on NCLH:
- Carnival upgraded, PayPal downgraded: Wall Street’s top analyst calls
- Norwegian Cruise Line downgraded to Equal Weight from Overweight at Wells Fargo
- Carnival upgraded to Overweight from Equal Weight at Wells Fargo
- Early notable gainers among liquid option names on January 4th
- Norwegian Cruise Lines put volume heavy and directionally bearish