Behind the Scenes of Carnival's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Investors are showing a bearish stance on Carnival (NYSE:CCL) with significant options activity. Benzinga's options scanner detected 16 trades, with 56% being bearish. Analysts have mixed ratings, with price targets ranging from $16 to $28.
October 16, 2024 | 5:16 pm
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Carnival (NYSE:CCL) is experiencing increased bearish options activity, with 56% of trades being bearish. Analysts have mixed ratings, with price targets ranging from $16 to $28.
The significant bearish options activity suggests that investors are expecting a potential decline in Carnival's stock price. The mixed analyst ratings, with some maintaining a buy rating and others an underweight rating, indicate uncertainty about the stock's future performance. The bearish sentiment in options trading is likely to have a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100