Carnival (CCL) Offering Possible 11.11% Return Over the Next 13 Calendar Days

Carnival's most recent trend suggests a bearish bias. One trading opportunity on Carnival is a Bear Call Spread using a strike $52.00 short call and a strike $57.00 long call offers a potential 11.11% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $52.00 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock rose above the $57.00 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Carnival is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for Carnival is bearish.

The RSI indicator is at 29.9 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

LATEST NEWS for Carnival

Cuba's private-sector workers say Trump's travel curbs will hurt them too
Thu, 06 Jun 2019 00:12:13 +0000
Lazaro Hernandez, who has made a good living showing U.S. cruise ship passengers around Havana in his pink 1950s Chevrolet, says the new U.S. ban on cruises to Cuba will wipe out 90% of his business overnight. Hernandez is one of thousands of Cubans who benefited from the boom in American visitors to the Caribbean's largest island following the loosening of travel restrictions under former U.S. President Barack Obama during the short-lived 2014-2016 detente between the Cold War foes.

Cruise lines scramble to reroute voyages, refund customers after Cuba ban
Wed, 05 Jun 2019 18:35:59 +0000
Cruise companies were not surprised by the Trump administration's announcement that cruises from the U.S. to Cuba are once again banned, but the timing of its effect likely caught them off guard. Since the policy was announced Tuesday, cruise companies have scrambled to reroute voyages and refund guests who booked trips to the island. The move will likely cost South Florida-based companies such as Carnival Corp. (NYSE: CCL), Royal Caribbean Cruises Ltd. (NYSE: RCL) and Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) tens of millions of dollars, cruise analyst David Beckel, of New York-based AB Bernstein, told the Business Journal.

Carnival to cease Port Tampa Bay service to Cuba due to travel ban
Wed, 05 Jun 2019 17:39:57 +0000
Carnival said it is working to secure alternative itineraries for the remainder of its Cuba voyages.

UPDATE 5-U.S. cruise operators stop sailing to Cuba, travelers vent anger online
Wed, 05 Jun 2019 13:40:02 +0000
The new restrictions are aimed at pressuring Cuba's Communist government to reform and stop supporting Venezuelan President Nicolas Maduro. “Due to changes in U.S. policy, the company will no longer be permitted to sail to Cuba effective immediately,” Carnival Corp said. A spokesman for Norwegian Cruise Line Holdings Ltd said the company had ceased all calls to Cuba and was modifying previously scheduled sailings.

Princess Cruises Announces Summer of Shark Activities Onboard Caribbean Princess Sailings
Wed, 05 Jun 2019 10:02:00 +0000
As part of the cruise line's Discovery at SEA program, Caribbean Princess will be celebrating sharks all summer with a variety of activities and games that will challenge adults and kids alike on the myths and interesting facts about sharks. Shark Week programming will be available on stateroom televisions, as well as a special premier party with exclusive content available on June 15 in advance of the television airings. “Our guests have been captivated by our Summer of Shark programming taking them on a journey to the depths of the sea to uncover the secrets of the ocean's top creature,” said Denise Saviss, Princess Cruises vice president entertainment experiences.

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.