20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Benzinga's options scanner just detected over 21 options trades for Norwegian Cruise Line (NYSE:NCLH) summing a total amount of $1,074,575.00.
At the same time, our algo caught 10 for a total amount of 636,021.00.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $15.0 to $37.5 for Norwegian Cruise Line over the last 3 months.
Volume & Open Interest Development
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Norwegian Cruise Line'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 Norwegian Cruise Line's whale trades within a strike price range from $15.0 to $37.5 in the last 30 days.
Norwegian Cruise Line Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| NCLH | PUT | SWEEP | BULLISH | 06/17/22 | $17.50 | $147.5K | 5.9K | 1.6K |
| NCLH | CALL | TRADE | BULLISH | 01/20/23 | $22.50 | $126.0K | 6.5K | 111 |
| NCLH | PUT | SWEEP | BULLISH | 06/17/22 | $17.50 | $104.6K | 5.9K | 1.5K |
| NCLH | PUT | SWEEP | BULLISH | 06/17/22 | $17.50 | $94.5K | 5.9K | 1.1K |
| NCLH | PUT | SWEEP | BULLISH | 06/17/22 | $17.50 | $89.7K | 5.9K | 796 |
Where Is Norwegian Cruise Line Standing Right Now?
- With a volume of 20,570,437.00, the price of NCLH is up 4.83% at $18.65.
- RSI indicators hint that the underlying stock may be oversold.
- Next earnings are expected to be released in 84 days.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you are already an options trader or would like to get started, head on over to Benzinga Pro. Benzinga Pro gives you up-to-date news and analytics to empower your investing and trading strategy.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!