Why Carnival (CCL) Shares Are Trading Higher During Monday's Session


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Carnival Corp (NYSE:CCL) shares are trading higher by 2.61% to $9.45 Monday morning. The stock is trading higher in sympathy with peer cruise line operator Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) after the company reported better-than-expected first-quarter financial results.

What Happened?

Norwegian Cruise Line reported quarterly losses of 30 cents per share which beat the analyst consensus estimate of a loss of 40 cents.

The company also reported quarterly sales of $1.82 billion which beat the analyst consensus estimate of $1.75 billion by 4.1%. This sales figure is a 249% increase over sales of $521.94 million in the same period last year.

As previously announced, Frank J. Del Rio is retiring and stepping down from his position as the company's President and Chief Executive Officer, and from its Board of Directors, effective June 30, 2023...Read More

According to data from Benzinga Pro, CCL has a 52-week high of $17.83 and a 52-week low of $6.11.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Posted In: Newswhy it's moving