Short CCL/ BUY CCL 12/15/23 17 PUTS
Carnival Cruise lines is up 4 days in a row and up over 17% in that time! The stock is a classic squeeze Burn Notice where fund managers are underinvested in Cruisliners. Oil sell off is the last catalyst, but the irony is that Oil is selling off due to economic weakness which will also effect the cruise industry! The stock should re-test 17 on the downside in the coming days. 1 Star Trade last hour.
