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Norwegian Cruise Lines call volume above normal and directionally bullish

Bullish option flow detected in Norwegian Cruise Lines with 83,404 calls trading, 9x expected, and implied vol increasing over 1 point to 39.77%. 6/7 weekly 19 calls and 6/7 weekly 18.5 calls are the most active options, with total volume in those strikes near 64,100 contracts. The Put/Call Ratio is 0.08. Earnings are expected on July 30th.

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