Carnival Stock Options

CCL Stock  USD 29.55  0.10  0.34%   
Carnival's latest option contracts expiring on October 17th 2025 are carrying combined implied volatility of 0.61 with a put-to-call open interest ratio of 1.29 over 73 outstanding agreements suggesting investors are buying more puts than calls on contracts expiring on October 17th 2025. The total put volume is at 1.3 K, with calls trading at the volume of 1.3 K. This yields a 1.07 put-to-call volume ratio.

Open Interest Against October 17th 2025 Option Contracts

The chart above shows Carnival'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. Carnival's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Carnival's option, there is no secondary market available for investors to trade.

Carnival Maximum Pain Price Across 2025-10-17 Option Contracts

Carnival's 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.

In The Money vs. Out of Money Option Contracts on Carnival

Analyzing Carnival's in-the-money options over time can help investors to take a profitable long position in Carnival regardless of its overall volatility. This is especially true when Carnival's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Carnival's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Carnival's stock while costing only a fraction of its price.

Carnival In The Money Call Balance

When Carnival's strike price is surpassing the current stock price, the option contract against Carnival stock is said to be in the money. When it comes to buying Carnival'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 Carnival 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.

Carnival Current Options Market Mood

Carnival'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 Carnival 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 Carnival'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. Carnival'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.

Rule 16 of the current Carnival contract

Base on the Rule 16, the options market is currently suggesting that Carnival will have an average daily up or down price movement of about 0.0381% per day over the life of the 2025-10-17 option contract. With Carnival trading at USD 29.55, that is roughly USD 0.0113. If you think that the market is fully incorporating Carnival's daily price movement you should consider buying Carnival options at the current volatility level of 0.61%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Carnival 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" Carnival calls. Remember, the seller must deliver Carnival stock to the call owner when a call is exercised.

Carnival Option Chain

When Carnival's strike price is surpassing the current stock price, the option contract against Carnival 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.
Carnival's option chain is a display of a range of information that helps investors for ways to trade options on Carnival. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Carnival. It also shows strike prices and maturity days for a Carnival 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.
Open IntStrike PriceCurrent SpreadLast Price
Call
CCL251017C00045000045.00.0 - 0.270.27Out
Call
CCL251017C00044000144.00.0 - 0.260.17Out
Call
CCL251017C00043000143.00.0 - 0.210.15Out
Call
CCL251017C00042000842.00.0 - 0.310.13Out
Call
CCL251017C00041000141.00.0 - 0.20.16Out
Call
CCL251017C00040000140.00.19 - 0.220.2Out
Call
CCL251017C00039000039.00.0 - 0.280.26Out
Call
CCL251017C00038000338.00.31 - 0.350.28Out
Call
CCL251017C00037000037.00.41 - 0.450.41Out
Call
CCL251017C00036000636.00.53 - 0.570.54Out
Call
CCL251017C0003500085435.00.68 - 0.720.71Out
Call
CCL251017C0003400013234.00.88 - 0.920.9Out
Call
CCL251017C00033000100433.01.12 - 1.171.08Out
Call
CCL251017C00032000999132.01.44 - 1.481.44Out
Call
CCL251017C00031000217931.01.81 - 1.851.85Out
Call
CCL251017C00030000306330.02.26 - 2.32.3Out
Call
CCL251017C00029000547429.02.77 - 2.822.8In
Call
CCL251017C00028000170128.03.35 - 3.43.31In
Call
CCL251017C00027000244527.04.0 - 4.13.91In
Call
CCL251017C00026000166226.04.7 - 4.84.76In
Call
CCL251017C00025000123825.05.45 - 5.555.5In
Call
CCL251017C0002400092824.06.3 - 6.46.32In
Call
CCL251017C0002300074123.07.15 - 7.256.65In
Call
CCL251017C00022000460322.08.0 - 8.158.41In
Call
CCL251017C00021000102021.08.95 - 9.058.84In
Call
CCL251017C0002000090120.09.9 - 10.09.55In
Call
CCL251017C0001900052919.010.85 - 10.9510.69In
Call
CCL251017C0001800045318.011.15 - 11.911.61In
Call
CCL251017C0001700071017.012.75 - 14.411.2In
Call
CCL251017C0001600038216.013.7 - 13.8513.3In
Call
CCL251017C0001500037115.014.7 - 14.8514.4In
Call
CCL251017C0001400015814.015.7 - 16.7513.73In
Call
CCL251017C0001300024813.016.7 - 16.816.7In
Call
CCL251017C000120002212.017.65 - 17.911.8In
Call
CCL251017C000110001111.018.65 - 19.018.65In
Call
CCL251017C000100007210.019.6 - 19.7517.4In
Call
CCL251017C0000500025.024.55 - 25.5524.55In
 Put
CCL251017P00045000045.015.4 - 15.515.4In
 Put
CCL251017P00044000044.014.4 - 14.514.4In
 Put
CCL251017P00043000043.013.4 - 13.513.4In
 Put
CCL251017P00042000042.012.4 - 12.512.4In
 Put
CCL251017P00041000041.011.4 - 11.511.4In
 Put
CCL251017P00040000040.010.4 - 10.7510.4In
 Put
CCL251017P00039000039.09.4 - 9.559.4In
 Put
CCL251017P00038000038.08.45 - 8.68.45In
 Put
CCL251017P00037000037.07.55 - 7.657.55In
 Put
CCL251017P00036000036.06.65 - 6.756.65In
 Put
CCL251017P000350001135.05.8 - 5.95.58In
 Put
CCL251017P000340001634.05.0 - 5.15.5In
 Put
CCL251017P00033000933.04.25 - 4.94.6In
 Put
CCL251017P00032000111432.03.55 - 3.653.95In
 Put
CCL251017P0003100048531.02.93 - 2.982.97In
 Put
CCL251017P00030000134730.02.38 - 2.432.5In
 Put
CCL251017P00029000558729.01.88 - 1.951.92Out
 Put
CCL251017P0002800056028.01.5 - 1.541.62Out
 Put
CCL251017P0002700035427.01.16 - 1.21.18Out
 Put
CCL251017P0002600065826.00.88 - 0.920.94Out
 Put
CCL251017P00025000562025.00.66 - 0.690.67Out
 Put
CCL251017P0002400089624.00.49 - 0.530.5Out
 Put
CCL251017P00023000163523.00.35 - 0.50.38Out
 Put
CCL251017P0002200081122.00.25 - 0.310.32Out
 Put
CCL251017P00021000278921.00.0 - 0.260.01Out
 Put
CCL251017P00020000370420.00.08 - 0.220.17Out
 Put
CCL251017P0001900081919.00.05 - 0.220.15Out
 Put
CCL251017P0001800050118.00.0 - 1.360.1Out
 Put
CCL251017P00017000154117.00.0 - 0.40.09Out
 Put
CCL251017P00016000546416.00.0 - 0.680.11Out
 Put
CCL251017P00015000240815.00.0 - 0.670.04Out
 Put
CCL251017P00014000302014.00.0 - 0.670.05Out
 Put
CCL251017P000130001319013.00.0 - 0.440.03Out
 Put
CCL251017P0001200011312.00.01 - 1.290.05Out
 Put
CCL251017P00011000311.00.0 - 1.291.29Out
 Put
CCL251017P0001000020210.00.0 - 0.190.64Out

Carnival Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

Carnival Total Stockholder Equity

Total Stockholder Equity

13.27 Billion

At this time, Carnival's Total Stockholder Equity is quite stable compared to the past year.

Carnival Corporate Directors

Randall WeisenburgerNon-Executive Independent DirectorProfile
Jeffrey GearhartNon-Executive Independent DirectorProfile
John ParkerNon-Executive Independent DirectorProfile
Richard GlasierNon-Executive Independent DirectorProfile
When determining whether Carnival is a strong investment it is important to analyze Carnival's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Carnival's future performance. For an informed investment choice regarding Carnival Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carnival. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Carnival Stock please use our How to buy in Carnival Stock guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Hotels, Resorts & Cruise Lines space 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 Carnival. If investors know Carnival 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 Carnival 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
4.939
Earnings Share
1.91
Revenue Per Share
20.032
Quarterly Revenue Growth
0.095
Return On Assets
0.0516
The market value of Carnival is measured differently than its book value, which is the value of Carnival that is recorded on the company's balance sheet. Investors also form their own opinion of Carnival's value that differs from its market value or its book value, called intrinsic value, which is Carnival'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 Carnival's market value can be influenced by many factors that don't directly affect Carnival'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 Carnival's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carnival is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carnival'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.