Mike Khouw Sees Unusual Options Activity In Carnival Corporation

spoke on the show about

. He finds the stock interesting because its put options volume was 22 times higher than its average daily put options volume. The October 36 put options were the most active and the traders were paying $0.30 for them. The size of this trade shows that an institutional trader made a bearish bet on

and the date of expiry offers approximately a month for the stock to trade below $35.70, after the company reports earnings. Khouw added that the company has disappointed in seven of the last ten earnings reports and the stock struggled in days, weeks and months after the reports.