Notable Call Options Activity in Carnival
Shares of Carnival (NYSE: CCL) are higher on the session by 1.38%, currently trading at $30.85. The stock has been moving largely lower over the past two months and is currently trading below the 50-day moving average.
Options traders are focusing on calls today. The strike seeing the heaviest volume is the March 2012 $33.00 call, which has traded 4,500 times on open interest of 728 contracts. Large lots are active on the name today.
Calls are outpacing puts today by 7 to 1.
Carnival Corporation is a cruise company. The company's cruise brand operates in two segments: North America and Europe, Australia & Asia. Its North America segment cruise brands include Carnival Cruise Lines, Holland America Line, Princess Cruises and Seabourn.
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