Bearish flow noted in Carnival (CCL) with 20,494 puts trading, or 1.2x expected. Most active are 3/28 weekly 18 puts and 3/28 weekly 21.5 calls, with total volume in those strikes near 15,600 contracts. The Put/Call Ratio is 2.01, while ATM IV is up over 3 points on the day. Earnings are expected on June 25th.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CCL:
- Carnival’s Strong Financial Performance and Attractive Valuation Justify Buy Rating
- Carnival Corporation’s Earnings Call Highlights Robust Growth
- Carnival price target lowered to $21 from $25 at Loop Capital
- Carnival price target raised to $31 from $30 at Stifel
- Carnival price target lowered to $30 from $31 at Citi
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue