What the Options Market Tells Us About Carnival
Benzinga’s options scanner just detected over 11 options trades for Carnival CCL summing a total amount of $882,973.
At the same time, our algo caught 6 for a total amount of 285,343.
Projected Price Targets
After evaluating the trading volumes and Open Interest, it’s evident that the major market movers are focusing on a price band between $20.0 and $25.0 for Carnival, spanning the last three months.
Insights into Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Carnival’s options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Carnival’s whale activity within a strike price range from $20.0 to $25.0 in the last 30 days.
Carnival Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CCL | CALL | SWEEP | BULLISH | 06/20/25 | $6.3 | $6.1 | $6.15 | $20.00 | $468.6K | 11.3K | 1.0K |
| CCL | CALL | TRADE | BEARISH | 01/16/26 | $6.5 | $6.45 | $6.45 | $22.00 | $301.2K | 1.8K | 2.0K |
| CCL | CALL | TRADE | BEARISH | 01/16/26 | $6.6 | $6.5 | $6.5 | $22.00 | $130.0K | 1.8K | 2.0K |
| CCL | CALL | TRADE | BULLISH | 01/17/25 | $5.15 | $5.0 | $5.15 | $20.00 | $103.0K | 37.0K | 204 |
| CCL | PUT | SWEEP | BULLISH | 01/17/25 | $1.73 | $1.72 | $1.72 | $25.00 | $89.4K | 751 | 520 |
About Carnival
Carnival is the largest global cruise company, with 92 ships in service at the end of fiscal 2023. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe. It’s currently folding its P&O Australia brand into Carnival. The firm also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival’s brands attracted nearly 13 million guests in 2019, prior to covid-19, a level it reached again in 2023.
Carnival’s Current Market Status
- Trading volume stands at 3,772,389, with CCL’s price up by 1.02%, positioned at $24.8.
- RSI indicators show the stock to be may be overbought.
- Earnings announcement expected in 35 days.
Expert Opinions on Carnival
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $28.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge’s Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.
* An analyst from B of A Securities persists with their Buy rating on Carnival, maintaining a target price of $28.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Carnival options trades with real-time alerts from Benzinga Pro.
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