Financial giants have made a conspicuous bearish move on Carnival. Our analysis of options history for Carnival CCL revealed 11 unusual trades.
Delving into the details, we found 18% of traders were bullish, while 63% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $206,670, and 7 were calls, valued at $577,607.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $25.0 to $30.0 for Carnival during the past quarter.
Volume & Open Interest Development
In today's trading context, the average open interest for options of Carnival stands at 4057.33, with a total volume reaching 6,049.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Carnival, situated within the strike price corridor from $25.0 to $30.0, throughout the last 30 days.
Carnival Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CCL | CALL | SWEEP | BULLISH | 04/17/25 | $1.58 | $1.55 | $1.58 | $30.00 | $164.2K | 4.8K | 1.8K |
| CCL | CALL | TRADE | NEUTRAL | 04/17/25 | $4.35 | $4.25 | $4.3 | $25.00 | $129.0K | 8.1K | 336 |
| CCL | CALL | SWEEP | BEARISH | 04/17/25 | $2.49 | $2.46 | $2.46 | $28.00 | $127.8K | 3.0K | 842 |
| CCL | PUT | SWEEP | BEARISH | 06/20/25 | $3.6 | $3.5 | $3.6 | $30.00 | $99.0K | 684 | 275 |
| CCL | CALL | SWEEP | BEARISH | 06/20/25 | $3.8 | $3.7 | $3.7 | $27.00 | $54.7K | 12.6K | 414 |
About Carnival
Carnival is the largest global cruise company, with more than 90 ships in service at the end of fiscal 2024. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe. It's currently folding its P&O Australia brand into Carnival. The firm also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival's brands attracted 14 million guests in 2024.
Current Position of Carnival
- With a volume of 11,655,236, the price of CCL is up 0.9% at $28.16.
- RSI indicators hint that the underlying stock may be overbought.
- Next earnings are expected to be released in 55 days.
Expert Opinions on Carnival
In the last month, 2 experts released ratings on this stock with an average target price of $26.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * Consistent in their evaluation, an analyst from Truist Securities keeps a Hold rating on Carnival with a target price of $30. * Consistent in their evaluation, an analyst from Morgan Stanley keeps a Underweight rating on Carnival with a target price of $22.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Carnival, Benzinga Pro gives you real-time options trades alerts.
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