Market Whales and Their Recent Bets on CCL Options

view original post

Loading…
Loading…

Financial giants have made a conspicuous bearish move on Carnival. Our analysis of options history for Carnival CCL revealed 15 unusual trades.

Delving into the details, we found 33% of traders were bullish, while 66% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $79,400, and 13 were calls, valued at $709,922.

Expected Price Movements

After evaluating the trading volumes and Open Interest, it’s evident that the major market movers are focusing on a price band between $12.0 and $20.0 for Carnival, spanning the last three months.

Volume & Open Interest Trends

In terms of liquidity and interest, the mean open interest for Carnival options trades today is 11187.0 with a total volume of 15,108.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Carnival’s big money trades within a strike price range of $12.0 to $20.0 over the last 30 days.

Carnival Option Volume And Open Interest Over Last 30 Days

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
CCL CALL TRADE BULLISH 06/20/25 $6.0 $5.3 $6.0 $12.00 $105.0K 1.7K 0
CCL CALL SWEEP BEARISH 01/17/25 $1.52 $1.5 $1.5 $19.00 $90.0K 5.7K 1.6K
CCL CALL SWEEP BEARISH 01/16/26 $4.1 $4.0 $4.0 $17.00 $80.0K 2.1K 201
CCL CALL TRADE BULLISH 01/17/25 $2.93 $2.64 $2.9 $16.00 $58.0K 714 200
CCL CALL TRADE BEARISH 01/17/25 $1.47 $1.43 $1.43 $19.00 $57.2K 5.7K 3.0K

About Carnival

Carnival is the largest global cruise company, with 92 ships in service at the end of fiscal 2023. 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; and P&O Cruises in Australia. Carnival also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival’s brands attracted nearly 13 million guests in 2019, prior to covid-19, a level it reached again in 2023.

Having examined the options trading patterns of Carnival, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Carnival’s Current Market Status

  • With a volume of 10,197,195, the price of CCL is down -1.05% at $16.52.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 14 days.

Professional Analyst Ratings for Carnival

3 market experts have recently issued ratings for this stock, with a consensus target price of $20.333333333333332.

  • An analyst from Truist Securities has decided to maintain their Hold rating on Carnival, which currently sits at a price target of $17.
  • An analyst from UBS has decided to maintain their Buy rating on Carnival, which currently sits at a price target of $21.
  • An analyst from Wells Fargo has decided to maintain their Overweight rating on Carnival, which currently sits at a price target of $23.

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.

Market News and Data brought to you by Benzinga APIs