Option traders moderately bearish in Carnival with shareslittle changed

Option traders moderately bearish in Carnival (CCL), with shares down 2c near $29.77. Options volume relatively light with 23k contracts traded and puts leading calls for a put/call ratio of 1.29, compared to a typical level near 0.63. Implied volatility (IV30) is higher by 0.3 points near 35.13,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.66. Put-call skew flattened, suggesting a modestly bullish tone.