Carnival (CCL) Options Chain

NYSE: CCLConsumer DiscretionaryMarine TransportationUSD

26.35+0.22 (+0.84%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Oct 16, 2026
Days to expiration: 5
Share price: $26.35
Put/call ratio (OI): 0.73
Put/call ratio (volume): 0.25
ATM implied volatility: 40.1%
Expected move: ±$1.24
Open interest (C / P): 81.05K / 58.84K

CCL options summary

The CCL options chain for the October 16, 2026 expiration lists 38 call and 39 put contracts, with 5 days until expiration. Open interest stands at 81,053 calls and 58,838 puts, a put/call ratio of 0.73, which is fairly balanced between calls and puts. At-the-money implied volatility near the $26.50 strike is 40.1%, which implies the market expects a move of about ±$1.24 (4.7%) in Carnival stock by expiration.

The most open interest sits at the $25.00 call (16.10K contracts) and the $21.50 put (11.51K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

CCL options chain · October 16, 2026

CCL calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
—	—	—	—	—	—	12.00	0.00	0.72	0.12	439.1%	1	5
1	1	289.8%	11.25	12.15	14.70	13.00	—	—	—	—	—	—
—	—	—	—	—	—	14.00	0.00	0.84	0.09	380.1%	3	2
35	1	341.4%	10.92	10.50	13.00	15.00	0.00	0.02	0.01	178.1%	40	278
3	—	213.3%	5.86	9.70	11.15	16.00	0.00	0.02	0.10	159.4%	2	153
47	1	—	11.68	5.80	7.75	17.00	0.00	0.02	0.01	140.6%	2	530
—	—	—	—	—	—	17.50	0.00	0.77	0.07	261.7%	2	6
201	1	50.0%	8.36	7.15	9.55	18.00	0.00	0.02	0.02	125.0%	1	3,738
10	—	147.7%	6.19	7.35	8.45	18.50	0.00	0.72	0.01	229.3%	3	5
173	2	301.9%	5.89	6.30	8.30	19.00	0.00	0.02	0.01	109.4%	2	522
1	2	246.9%	3.11	6.15	7.50	19.50	0.00	0.52	0.03	185.2%	3	35
748	281	150.0%	6.17	5.35	6.50	20.00	0.00	0.01	0.01	87.5%	1	5,462
5	5	50.0%	5.09	5.35	6.35	20.50	0.00	0.03	0.01	90.6%	1	532
347	10	163.7%	5.19	4.85	5.70	21.00	0.00	0.01	0.01	71.9%	4	2,370
202	1	127.7%	4.62	4.30	5.05	21.50	0.00	0.48	0.01	134.6%	20	11,506
3,903	20	116.8%	4.17	3.95	4.55	22.00	0.00	0.02	0.01	64.1%	2	6,529
1,262	5	97.7%	3.64	3.45	4.00	22.50	0.00	0.02	0.03	57.8%	211	1,506
7,355	88	87.3%	3.30	3.15	3.50	23.00	0.01	0.05	0.02	60.2%	26	3,055
186	6	84.4%	2.75	2.59	3.05	23.50	0.00	0.04	0.02	55.5%	2	308
10,814	60	85.3%	2.16	1.97	2.65	24.00	0.01	0.03	0.03	44.5%	1,170	5,610
1,219	98	61.1%	1.79	1.70	2.04	24.50	0.00	0.26	0.06	53.5%	167	762
16,097	206	52.0%	1.39	1.31	1.56	25.00	0.04	0.10	0.07	39.5%	87	5,026
1,225	64	46.3%	1.00	0.89	1.13	25.50	0.07	0.20	0.17	39.1%	163	1,391
3,151	588	37.8%	0.65	0.64	0.70	26.00	0.28	0.38	0.34	40.0%	620	2,441
CCL $26.35
762	7,488	38.6%	0.41	0.35	0.45	26.50	0.49	0.64	0.58	41.6%	51	109
3,539	747	35.7%	0.21	0.21	0.23	27.00	0.80	0.99	0.93	44.7%	10	4,201
545	190	36.1%	0.10	0.10	0.12	27.50	1.16	1.65	1.36	70.3%	2	81
5,628	401	38.3%	0.06	0.03	0.07	28.00	1.54	2.10	1.73	51.2%	4	2,094
3,565	123	41.4%	0.02	0.01	0.02	29.00	2.45	3.10	2.92	62.5%	10	500
4,925	306	53.1%	0.01	0.00	0.02	30.00	3.25	4.45	4.33	88.5%	1	70
2,209	3	57.8%	0.04	0.00	0.02	31.00	4.50	5.45	6.00	119.5%	1	11
1,882	1	80.5%	0.07	0.00	0.07	32.00	5.25	6.60	8.53	127.9%	3	0
915	11	139.3%	0.04	0.00	0.52	33.00	6.40	7.60	7.30	151.8%	2	0
858	2	150.4%	0.01	0.00	0.50	34.00	7.40	8.60	8.55	164.8%	2	0
422	1	120.3%	0.03	0.00	0.12	35.00	8.45	9.55	9.22	177.5%	2	0
3,469	2	109.4%	0.06	0.00	0.04	36.00	9.40	10.60	10.05	189.4%	5	0
231	2	134.4%	0.01	0.00	0.10	37.00	10.30	11.60	13.26	193.0%	2	0
350	3	125.0%	0.01	0.00	0.04	38.00	—	—	—	—	—	—
172	3	132.8%	0.02	0.00	0.04	39.00	12.40	14.00	15.28	250.8%	2	0
4,200	2	140.6%	0.01	0.00	0.04	40.00	13.40	14.90	14.28	254.7%	2	0
396	1	167.2%	0.01	0.00	0.03	45.00	18.40	19.90	19.70	301.8%	2	0

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the CCL put/call ratio?

For the October 16, 2026 expiration, the CCL put/call ratio based on open interest is 0.73 (58,838 puts vs 81,053 calls), and 0.25 based on today's volume. A ratio above 1 means more puts than calls.

What is CCL's implied volatility?

At-the-money implied volatility for CCL options expiring October 16, 2026 is about 40.1%, an annualized estimate of how much the market expects Carnival stock to move.

How many CCL option expiration dates are there?

CCL has 15 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.