US EditionUnusual Options Activity: Carnival Corporation (CCL)
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Unusual Options Activity: Carnival Corporation (CCL)
Cruise line operator Carnival Corporation (CCL) has seen shares sink in recent weeks amid fears of an economic slowdown, including on vacations and tourism. One trader sees shares trending lower into the summer. That’s based on the June $14 puts. With 57 days until expiration, 4,021 contracts traded compared to a prior open interest of 105, for a 38-fold rise in volume on the trade. The buyer of the puts paid $0.36 to make the bearish bet. Carni…
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