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: Apr 16, 2027
Days to expiration: 187
Share price: $26.35
Put/call ratio (OI): 0.93
Put/call ratio (volume): 0.80
ATM implied volatility: 44.1%
Expected move: ±$8.32
Open interest (C / P): 4.87K / 4.55K

CCL options summary

The CCL options chain for the April 16, 2027 expiration lists 20 call and 19 put contracts, with 187 days until expiration. Open interest stands at 4,873 calls and 4,552 puts, a put/call ratio of 0.93, which is fairly balanced between calls and puts. At-the-money implied volatility near the $26.00 strike is 44.1%, which implies the market expects a move of about ±$8.32 (31.6%) in Carnival stock by expiration.

The most open interest sits at the $23.00 call (784 contracts) and the $18.00 put (2.36K contracts).

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

CCL options chain · April 16, 2027

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
1	1	64.8%	11.77	11.05	11.85	15.00	0.09	0.26	0.17	50.0%	36	129
—	—	—	—	—	—	16.00	0.17	0.32	0.26	52.0%	2	7
91	1	59.3%	9.88	9.30	10.05	17.00	0.09	0.41	0.96	50.2%	1	3
27	5	58.6%	8.10	8.45	9.25	18.00	0.35	0.53	0.48	48.8%	2	2,357
8	1	59.4%	8.05	7.55	8.55	19.00	0.47	0.66	0.87	47.0%	20	115
8	1	54.3%	6.85	6.85	7.60	20.00	0.62	0.81	0.96	45.2%	3	742
288	5	50.2%	6.62	6.05	6.70	21.00	0.78	1.22	1.54	47.8%	4	104
94	1	51.0%	5.70	5.30	6.10	22.00	1.19	1.30	1.31	43.4%	5	207
784	1	51.0%	4.85	4.70	5.50	23.00	1.37	1.81	1.55	45.7%	4	202
275	1	47.4%	4.50	4.15	4.70	24.00	1.55	2.27	2.04	46.2%	2	138
644	1	46.2%	3.90	3.55	4.10	25.00	2.19	2.52	2.59	43.0%	8	36
23	1	45.9%	3.44	3.20	3.60	26.00	2.66	2.99	2.75	42.4%	2	78
CCL $26.35
107	29	46.9%	3.15	2.73	3.25	27.00	2.95	3.55	6.15	42.3%	5	5
62	5	47.0%	2.48	2.31	2.87	28.00	—	—	—	—	—	—
119	1	46.1%	2.02	1.95	2.46	29.00	4.40	4.75	7.28	41.3%	2	12
514	1	44.8%	1.82	1.63	2.06	30.00	5.10	5.40	5.15	40.5%	2	84
502	50	44.4%	1.32	1.30	1.76	31.00	0.00	0.00	6.88	—	4	0
665	84	44.0%	1.51	1.18	1.50	32.00	6.55	6.90	8.60	40.3%	10	161
444	6	48.9%	1.25	0.87	1.62	33.00	7.30	7.80	10.68	41.8%	28	57
5	8	42.6%	0.95	0.79	1.03	34.00	—	—	—	—	—	—
212	10	45.6%	0.81	0.69	1.05	35.00	8.95	9.60	9.28	43.9%	30	115

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 April 16, 2027 expiration, the CCL put/call ratio based on open interest is 0.93 (4,552 puts vs 4,873 calls), and 0.80 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 April 16, 2027 is about 44.1%, 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.