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Norwegian Cruise Lines call volume above normal and directionally bullish

Bullish option flow detected in Norwegian Cruise Line (NCLH)s with 15,856 calls trading, 2x expected, and implied vol increasing almost 3 points to 50.32%. 5/9 weekly 18.5 calls and 5/9 weekly 17 calls are the most active options, with total volume in those strikes near 10,100 contracts. The Put/Call Ratio is 0.18. Earnings are expected on July 31st.

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