Norwegian Cruise Stock Options

NCLH
 Stock
  

USD 13.76  0.20  1.47%   

Norwegian Cruise's option chain provides insight into all available option contracts written on Norwegian Cruise's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Norwegian Cruise's stock options below provides a detailed picture of the payoff. Comparing vital and dynamic information of various option contracts across diverse expiration periods will help you make an educated decision on your market timing strategies around investing in a given Norwegian option contract. View S&P 500 options
  
Purchasing Norwegian Cruise options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Norwegian calls. Remember, the seller must deliver Norwegian Cruise Ord stock to the call owner when a call is exercised.

In The Money vs. Out of Money Option Contracts on Norwegian Cruise

Analyzing Norwegian Cruise's in-the-money options over time can help investors to take a profitable long position in Norwegian Cruise regardless of its overall volatility. This is especially true when Norwegian Cruise's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Norwegian Cruise's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Norwegian Cruise's stock while costing only a fraction of its price.
Norwegian Cruise's latest option contracts expiring on 2022-08-12 are carrying combined implied volatility of 97.19 with a put-to-call open interest ratio of 0.44 over 66 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on 2022-08-12. The current put volume is at 21472, with calls trading at the volume of 24133. This yields a 0.89 put-to-call volume ratio. The Norwegian Cruise option chain provides detailed quote and price information for the current Norwegian Cruise Ord option contracts. It shows all of Norwegian Cruise's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2022-08-12 Option Contracts

Norwegian Cruise option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Norwegian Cruise's lending market. For example, when Norwegian Cruise's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Norwegian Cruise, he or she must hedge the risk by shorting Norwegian Cruise stock over its option's life.
The chart above shows Norwegian Cruise's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Norwegian Cruise's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Norwegian Cruise's option, there is no secondary market available for investors to trade.

Norwegian Cruise Maximum Pain Price across 2022-08-12 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Norwegian Cruise close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Norwegian Cruise's stock options are financial instruments that give investors the right to buy or sell shares of Norwegian Cruise Ord common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Norwegian stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Norwegian Cruise's stock price goes up or down, the stock options follow.
Additionally, see Stocks Correlation.
Please note that buying 'in-the-money' options on Norwegian Cruise lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Norwegian Cruise's value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money Norwegian Cruise contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if Norwegian Stock moves the wrong way.

Norwegian Cruise Ord In The Money Call Balance

When Norwegian Cruise's strike price is surpassing the current stock price, the option contract against Norwegian Cruise Ord stock is said to be in the money. When it comes to buying Norwegian Cruise's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Norwegian Cruise Ord are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Norwegian Current Options Market Mood

Norwegian Cruise's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Norwegian Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of Norwegian Cruise's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Norwegian Cruise's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current Norwegian Cruise's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

Rule 16 of the current Norwegian contract

Base on the Rule 16, the options market is currently suggesting that Norwegian Cruise Ord will have an average daily up or down price movement of about 6.07% per day over the life of the 2022-08-12 option contract. With Norwegian Cruise trading at $13.76, that is roughly $0.84. If you think that the market is fully incorporating Norwegian Cruise's daily price movement you should consider buying Norwegian Cruise Ord options at the current volatility level of 97.19%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Norwegian Cruise Option Chain

When Norwegian Cruise's strike price is surpassing the current stock price, the option contract against Norwegian Cruise Ord stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
2022-08-122022-08-192022-08-262022-09-022022-09-092022-09-162022-09-232022-12-162023-01-202023-03-172023-06-162024-01-19
Norwegian Cruise's option chain is a display of a range of information that helps investors for ways to trade options on Norwegian. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Norwegian. It also shows strike prices and maturity days for a Norwegian Cruise against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
DeltaGammaOpen IntExpirationCurrent SpreadLast Price
Call
2022-08-12 CALL at $5.00.98640.00502022-08-128.45 - 8.750.0In
Call
2022-08-12 CALL at $6.00.99220.004302022-08-127.5 - 7.650.0In
Call
2022-08-12 CALL at $6.50.99150.0051232022-08-127.0 - 7.155.2In
Call
2022-08-12 CALL at $7.00.98020.010102022-08-126.45 - 6.750.0In
Call
2022-08-12 CALL at $7.50.9620.016322022-08-125.95 - 6.154.8In
Call
2022-08-12 CALL at $8.00.95810.019532022-08-125.45 - 5.653.7In
Call
2022-08-12 CALL at $8.50.98750.010922022-08-125.0 - 5.153.5In
Call
2022-08-12 CALL at $9.00.97050.02143262022-08-124.5 - 4.63.05In
Call
2022-08-12 CALL at $9.50.9430.034642022-08-123.95 - 4.153.95In
Call
2022-08-12 CALL at $10.00.96280.0333502022-08-123.5 - 3.63.88In
Call
2022-08-12 CALL at $10.50.97970.028142022-08-123.0 - 3.152.28In
Call
2022-08-12 CALL at $11.00.95990.05132552022-08-122.53 - 2.652.83In
Call
2022-08-12 CALL at $11.50.98970.02793592022-08-122.03 - 2.12.24In
Call
2022-08-12 CALL at $12.00.9410.107927712022-08-121.55 - 1.651.59In
Call
2022-08-12 CALL at $12.50.8930.201631942022-08-121.07 - 1.191.11In
Call
2022-08-12 CALL at $13.00.74320.347826232022-08-120.69 - 0.730.71In
Call
2022-08-12 CALL at $13.50.5410.453534932022-08-120.36 - 0.380.38In
Call
2022-08-12 CALL at $14.00.32380.407990972022-08-120.16 - 0.20.18Out
Call
2022-08-12 CALL at $14.50.1690.275620512022-08-120.07 - 0.090.08Out
Call
2022-08-12 CALL at $15.00.10320.17184922022-08-120.03 - 0.050.05Out
Call
2022-08-12 CALL at $15.50.06230.106824672022-08-120.02 - 0.030.03Out
Call
2022-08-12 CALL at $16.00.04070.069714202022-08-120.01 - 0.030.02Out
Call
2022-08-12 CALL at $16.50.02160.040212742022-08-120.01 - 0.020.01Out
Call
2022-08-12 CALL at $17.00.01950.03281882022-08-120.0 - 0.020.01Out
Call
2022-08-12 CALL at $17.50.01790.02752242022-08-120.0 - 0.030.01Out
Call
2022-08-12 CALL at $18.50.01550.02065612022-08-120.0 - 0.010.01Out
 Put
2022-08-12 PUT at $23.0-0.98840.010102022-08-129.35 - 9.550.0In
 Put
2022-08-12 PUT at $22.0-0.98770.011502022-08-128.35 - 8.550.0In
 Put
2022-08-12 PUT at $21.0-0.98680.013392022-08-127.35 - 7.559.0In
 Put
2022-08-12 PUT at $20.0-0.96440.028442022-08-126.35 - 6.67.9In
 Put
2022-08-12 PUT at $19.5-0.94550.0383402022-08-125.85 - 6.07.5In
 Put
2022-08-12 PUT at $19.0-0.98410.019402022-08-125.35 - 5.555.45In
 Put
2022-08-12 PUT at $18.5-0.940.046702022-08-124.85 - 5.00.0In
 Put
2022-08-12 PUT at $18.0-0.9820.02592022-08-124.35 - 4.555.0In
 Put
2022-08-12 PUT at $17.5-0.98070.029132022-08-123.85 - 4.055.45In
 Put
2022-08-12 PUT at $17.0-0.97890.034622022-08-123.35 - 3.555.46In
 Put
2022-08-12 PUT at $16.5-0.95010.066152022-08-122.89 - 3.052.77In
 Put
2022-08-12 PUT at $16.0-0.94420.0825162022-08-122.41 - 2.522.47In
 Put
2022-08-12 PUT at $15.5-0.9360.1083212022-08-121.92 - 2.021.67In
 Put
2022-08-12 PUT at $15.0-0.90860.16473122022-08-121.43 - 1.531.57In
 Put
2022-08-12 PUT at $14.5-0.82960.2756612022-08-120.96 - 1.091.02In
 Put
2022-08-12 PUT at $14.0-0.66970.39692792022-08-120.61 - 0.650.63In
 Put
2022-08-12 PUT at $13.5-0.460.427113432022-08-120.32 - 0.350.34Out
 Put
2022-08-12 PUT at $13.0-0.26390.339631242022-08-120.15 - 0.160.16Out
 Put
2022-08-12 PUT at $12.5-0.15040.2120402022-08-120.07 - 0.090.09Out
 Put
2022-08-12 PUT at $12.0-0.08430.12439352022-08-120.04 - 0.050.05Out
 Put
2022-08-12 PUT at $11.5-0.04940.073125362022-08-120.02 - 0.030.03Out
 Put
2022-08-12 PUT at $11.0-0.03130.044814402022-08-120.01 - 0.020.02Out
 Put
2022-08-12 PUT at $10.5-0.01610.02415532022-08-120.01 - 0.020.01Out
 Put
2022-08-12 PUT at $10.0-0.0140.01839532022-08-120.0 - 0.020.01Out
 Put
2022-08-12 PUT at $9.5-0.01230.01431412022-08-120.0 - 0.020.01Out

Norwegian Cruise Investors Sentiment

The influence of Norwegian Cruise's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Norwegian. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Norwegian Cruise's public news can be used to forecast risks associated with investment in Norwegian. The trend in average sentiment can be used to explain how an investor holding Norwegian can time the market purely based on public headlines and social activities around Norwegian Cruise Ord. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Norwegian Cruise's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Norwegian Cruise's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Norwegian Cruise's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Norwegian Cruise.

Norwegian Cruise Implied Volatility

    
  97.19  
Norwegian Cruise's implied volatility exposes the market's sentiment of Norwegian Cruise Ord stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Norwegian Cruise's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Norwegian Cruise stock will not fluctuate a lot when Norwegian Cruise's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Norwegian Cruise in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Norwegian Cruise's short interest history, or implied volatility extrapolated from Norwegian Cruise options trading.

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Additionally, see Stocks Correlation. Note that the Norwegian Cruise Ord information on this page should be used as a complementary analysis to other Norwegian Cruise's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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Is Norwegian Cruise's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Norwegian Cruise. If investors know Norwegian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Norwegian Cruise listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.009
Market Capitalization
5.1 B
Quarterly Revenue Growth YOY
167.37
Return On Assets
-0.0873
Return On Equity
-1.4
The market value of Norwegian Cruise Ord is measured differently than its book value, which is the value of Norwegian that is recorded on the company's balance sheet. Investors also form their own opinion of Norwegian Cruise's value that differs from its market value or its book value, called intrinsic value, which is Norwegian Cruise's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Norwegian Cruise's market value can be influenced by many factors that don't directly affect Norwegian Cruise's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Norwegian Cruise's value and its price as these two are different measures arrived at by different means. Investors typically determine Norwegian Cruise value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Norwegian Cruise's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.