'Intensified' Put Buying in Norwegian Cruise Line (NCLH) and Cruise Line Peers, Amid Negative Coronavirus Impact -Susquehanna

Susquehanna options strategist Alison Edwards notes "intensified" put buying in cruise line companies with Norwegian Cruise Line (NYSE: NCLH) seeing investors purchase 5k Jun 27.5 Puts for $0.90 and 1.5k Mar 35 puts, following buyers March and Sept puts yesterday.

In Carnival Cruise (NYSE: CCL) put buying includes buyers of 3k Mar 32.5 puts and 7k Apr 35 puts

In Royal Caribbean (NYSE: RCL), investors bought 2k Mar 80 Puts, as well as various other strikes and expirations in smaller volume.

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