Financial giants have made a conspicuous bullish move on Carnival. Our analysis of options history for Carnival (NYSE:CCL) revealed 15 unusual trades.

Delving into the details, we found 60% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $595,610, and 9 were calls, valued at $443,542.

Expected Price Movements

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $12.0 to $25.0 for Carnival during the past quarter.

Analyzing 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 $12.0 to $25.0 in the last 30 days.

Carnival Call and Put Volume: 30-Day Overview

Biggest Options Spotted:

About Carnival

Having examined the options trading patterns of Carnival, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Present Market Standing of Carnival

• With a trading volume of 12,790,438, the price of CCL is up by 2.85%, reaching $17.7.
• Current RSI values indicate that the stock is may be approaching overbought.
• Next earnings report is scheduled for 81 days from now.

Expert Opinions on Carnival

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $22.4.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Carnival with Benzinga Pro for real-time alerts.