This unusual options alert can help traders track potentially big trading opportunities. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Unusual trading activity could push option prices to hyperbolic or underperforming levels.
Unusual Options Activity Insight: Carnival
Carnival (NYSE:CCL) shares experienced unusual options activity on Thursday. The stock price moved down to $24.07 following the option alert.
Carnival Corp. (NYSE: CCL) shares traded lower Tuesday after the company announced a tender offer for its 11.5% senior secured notes due 2023 subject to refinancing conditions. The stock may also be falling with the sector as other cruise companies are falling.
In Q2, Carnival (NYSE:CCL) posted sales of $50.00 million. Earnings were up 6.04%, but Carnival still reported an overall loss of $1.61 billion. In Q1, Carnival brought in $26.00 million in sales but lost $1.52 billion in earnings.
Due to continued uncertainty regarding the timing for the resumption of cruise holidays in the region, Princess is cancelling cruises in and out of Australia through December 19, 2021.
Investors could be looking for the hottest sectors to invest in for the second half of 2021. One way to play the hot sectors is to invest in ETFs, or exchange-traded funds, to get exposure to many stocks in one sector that could benefit.
Here is a look at five ETFs that could have a strong second-half performance in 2021.