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What Are Whales Doing With Norwegian Cruise Line – Norwegian Cruise Line (NYSE:NCLH)

Someone with a lot of money to spend has taken a bearish stance Norwegian cruise line NCLH.

And retailers should know.

We noticed this today when the big position in the history of publicly available options that we are tracking here at Benzinga came up.

Whether this is an institution or just a wealthy person, we don’t know. But when something this big happens to NCLH, it often means someone knows something is about to happen.

So how do we know what this whale just did?

Today, Benzinga’s options scanner uncovered 14 unusual options deals for Norwegian Cruise Line.

That’s not normal.

The overall sentiment of these big-money traders is split between 42% bullish and 57% bearish.

Of all the special options we uncovered, 9 are puts totaling $546,970 and 5 are calls totaling $221,798.

What is the course objective?

Considering the volume and open interest in these contracts, it appears that whales have been targeting a price range of $15.0-$20.0 for Norwegian Cruise Line over the past 3 months.

Volume and open interest development

Looking at volume and open interest is an insightful way to do due diligence on a stock.

This data can help you track liquidity and interest in Norwegian Cruise Line’s options at a given strike price.

Below we can observe the evolution of volume and open interest of calls/puts for all Norwegian Cruise Line whale activity within a strike price range of $15.0-$20.0 over the last 30 days.

Option volume and open interest from Norwegian Cruise Line over the last 30 days

Biggest options discovered:









symbol PUT/CALL commercial type feeling Ext. date exercise price total commercial price open interest volume
NCLH PLACE SWEEP BULLISH 12/16/22 $20.00 $97,800 403 191
NCLH CALL ACT BEARY 01/17/25 $15.00 $81,600 43 121
NCLH PLACE SWEEP BULLISH 11/18/22 $17.50 $64,000 66 2.0K
NCLH PLACE SWEEP BEARY 11/18/22 $17.50 $61,000 66 404
NCLH PLACE ACT BULLISH 11/18/22 $17.50 $60,000 66 1.8K









symbol PUT/CALL commercial type feeling Ext. date exercise price total commercial price open interest volume
NCLH PLACE SWEEP BULLISH 12/16/22 $20.00 $97,800 403 191
NCLH CALL ACT BEARY 01/17/25 $15.00 $81,600 43 121
NCLH PLACE SWEEP BULLISH 11/18/22 $17.50 $64,000 66 2.0K
NCLH PLACE SWEEP BEARY 11/18/22 $17.50 $61,000 66 404
NCLH PLACE ACT BULLISH 11/18/22 $17.50 $60,000 66 1.8K

Where is Norwegian Cruise Line right now?

  • With a volume of 16,952,960, the price of NCLH is down -0.88% to $15.2.
  • RSI indicators are suggesting that the underlying stock may be overbought.
  • The next earnings are expected to be released in 43 days.

What the experts say about Norwegian Cruise Line:

  • Truist Securities increased its action to Buy with a price target of $19
  • Barclays has decided to maintain its equal weight rating on Norwegian Cruise Line, which currently has a price target of $16.

Options are a riskier asset compared to pure stock trading, but they have higher profit potential. Reputable options traders manage this risk by educating themselves daily, entering and exiting trades, following more than one indicator, and following the markets closely.

If you want to stay up to date on the latest options trades for Norwegian Cruise Line, Benzaga Pro gives you real-time options trading alerts.

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