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: Sep 17, 2027
Days to expiration: 341
Share price: $26.35
Put/call ratio (OI): 3.93
Put/call ratio (volume): 0.30
ATM implied volatility: 43.2%
Expected move: ±$11.00
Open interest (C / P): 4.76K / 18.68K

CCL options summary

The CCL options chain for the September 17, 2027 expiration lists 11 call and 9 put contracts, with 341 days until expiration. Open interest stands at 4,756 calls and 18,683 puts, a put/call ratio of 3.93, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $27.00 strike is 43.2%, which implies the market expects a move of about ±$11.00 (41.8%) in Carnival stock by expiration.

The most open interest sits at the $35.00 call (1.24K contracts) and the $18.00 put (10.19K contracts).

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

CCL options chain · September 17, 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
30	1	60.2%	12.02	11.40	12.35	15.00	0.39	0.75	0.51	50.0%	2	647
92	10	54.5%	9.60	9.05	9.90	18.00	0.97	1.13	1.01	47.6%	6	10,190
536	5	50.8%	7.95	7.75	8.35	20.00	1.44	1.75	1.58	47.4%	81	5,650
347	80	49.7%	6.07	5.80	6.55	23.00	2.14	2.82	2.67	45.5%	8	278
296	119	49.3%	5.05	4.80	5.55	25.00	3.25	3.85	3.50	45.7%	2	1,595
CCL $26.35
652	1	45.7%	4.25	3.85	4.35	27.00	4.25	4.50	4.35	40.7%	21	87
884	159	46.0%	3.10	3.00	3.35	30.00	5.45	6.95	6.52	45.6%	50	163
214	7	44.8%	2.46	2.21	2.67	32.00	—	—	—	—	—	—
1,238	8	46.1%	2.00	1.50	2.13	35.00	9.10	10.00	9.90	37.5%	30	72
359	274	48.7%	1.33	1.21	2.00	37.00	—	—	—	—	—	—
108	6	44.1%	1.17	0.81	1.19	40.00	13.80	14.65	16.51	41.6%	—	1

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 September 17, 2027 expiration, the CCL put/call ratio based on open interest is 3.93 (18,683 puts vs 4,756 calls), and 0.30 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 September 17, 2027 is about 43.2%, 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.