Option Update: Royal Caribbean and Carnival put volume and volatility spike

Posted Jul 10th 2008 4:25PM by Paul Foster
Filed under: Carnival Corp (CCL), Options

Royal Caribbean Cruises Ltd. (NYSE: RCL) recently down $1.03 to $20.31:

RCL is expected to report Q2 EPS in late July. RCL call option volume of 2,789 contracts compared to put volume of 8,808 contracts. RCL July option implied volatility was at 67, August at 74; above its 26-week average of 47 according to Track Data, suggesting larger price movement.

Carnival Corporation (NYSE: CCL) recently down $1.57 to $30.83:

CCL call option volume of 7,827 contracts compared to put volume of 33,198 contracts. CCL July option implied volatility was at 50, August at 58; above its 26-week average of 39 according to Track Data, suggesting larger price movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Tags: option implied volatility, OptionImpliedVolatility, Royal Caribbean, RoyalCaribbean

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Reader Comments (Page 1 of 1)

7-10-2008 @ 7:19PM

roxx said...

The media and the Democratic party talked us into a depression to win an election in 1928 and they are trying to do it again using the same playbook.

Look at the bookings for RCL and for CCL. They never had so many passengers worldwide. If you dont let them brainwash you, they cant.

Look at the numbers for the truth.

"Dont follow leaders, check your parking meters.."
B. Dylan

rxx