Smart Money Is Betting Big In CCL Options
Portfolio Pulse from Benzinga Insights
Smart money investors have shown a significant interest in Carnival (NYSE:CCL) options, with a mix of bullish and bearish sentiments. Benzinga's options scanner revealed 16 unusual options trades, with a lean towards bullishness (56%) over bearishness (43%). The trades focus on a price range of $8.0 to $22.0 for CCL, indicating expectations of notable price movement. Carnival, the largest global cruise company, has seen its stock price slightly increase by 0.37% to $16.06, with an upcoming earnings release in 21 days.
March 04, 2024 | 6:46 pm
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Carnival has attracted significant attention from smart money investors, with a mix of bullish and bearish options trades. The stock is currently up by 0.37% at $16.06, with an earnings release anticipated in 21 days.
The significant interest from smart money investors in both bullish and bearish options trades for CCL, combined with the current slight increase in stock price and the upcoming earnings release, suggests a potential for short-term price volatility. The focus on a price range of $8.0 to $22.0 indicates expectations of notable price movement, which could lead to short-term trading opportunities.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100