Carnival's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Recent options trading activity for Carnival (NYSE:CCL) shows a bullish sentiment among significant investors, with 55% of trades being bullish and 45% bearish. The trading activity suggests a target price range of $12.0 to $30.0 for the next three months. Notable trades include both bearish and bullish calls with varying strike prices and expiration dates. Carnival, the largest global cruise company, has seen its stock price increase by 5.78%, currently trading at $15.56. The company has recovered to its pre-COVID guest levels in 2023.
February 22, 2024 | 5:46 pm
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Carnival's options trading activity indicates a bullish sentiment among significant investors, with a price target range of $12.0 to $30.0. The stock has recently increased by 5.78%, trading at $15.56.
The bullish sentiment among significant investors, as evidenced by the options trading activity, suggests a positive outlook for Carnival's stock price in the short term. The recent increase in stock price and the company's recovery to pre-COVID guest levels further support this positive sentiment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100