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Norwegian Cruise Lines call volume above normal and directionally bullish

Bullish option flow detected in Norwegian Cruise Lines with 22,245 calls trading, 4x expected, and implied vol increasing over 2 points to 45.71%. 6/7 weekly 18 calls and 6/7 weekly 17.5 calls are the most active options, with total volume in those strikes near 14,800 contracts. The Put/Call Ratio is 0.08. Earnings are expected on July 30th.

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