Mixed options sentiment in Carnival (CCL), with shares up 80c, or 2.56%, near $32.30. Options volume roughly in line with average with 40k contracts traded and calls leading puts for a put/call ratio of 0.83, compared to a typical level near 0.85. Implied volatility (IV30) dropped 1.49 near 36.57,in the bottom quartile of the past year, suggesting an expected daily move of $0.74. Put-call skew flattened, suggesting a modestly bullish tone.
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Read More on CCL:
- Carnival price target raised to $33 from $26 at Bernstein
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- Carnival price target raised to $34 from $33 at Deutsche Bank
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