Norwegian Cruise Stock Options
| NCLH Stock | USD 15.69 0.62 3.80% |
Norwegian Cruise's latest option contracts expiring on June 20th 2025 are carrying combined implied volatility of 0.89 with a put-to-call open interest ratio of 1.36 over 60 outstanding agreements suggesting investors are buying more puts than calls on contracts expiring on June 20th 2025. The total put volume is at 2.2 K, with calls trading at the volume of 1.4 K. This yields a 1.59 put-to-call volume ratio.
Open Interest Against June 20th 2025 Option Contracts
2025-06-20
The chart above shows Norwegian Cruise'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. Norwegian Cruise's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Norwegian Cruise's option, there is no secondary market available for investors to trade.
Norwegian Cruise Maximum Pain Price Across 2025-06-20 Option Contracts
Norwegian Cruise'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 Norwegian Cruise
Analyzing Norwegian Cruise's in-the-money options over time can help investors to take a profitable long position in Norwegian Cruise regardless of its overall volatility. This is especially true when Norwegian Cruise's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Norwegian Cruise's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Norwegian Cruise's stock while costing only a fraction of its price.
Norwegian Cruise Line In The Money Call Balance
When Norwegian Cruise's strike price is surpassing the current stock price, the option contract against Norwegian Cruise Line stock is said to be in the money. When it comes to buying Norwegian Cruise'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 Norwegian Cruise Line 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.
Norwegian Current Options Market Mood
Norwegian Cruise'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 Norwegian 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
Unfortunately, most Norwegian Cruise's options investors are not very successful. Norwegian Cruise'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 Norwegian contract
Base on the Rule 16, the options market is currently suggesting that Norwegian Cruise Line will have an average daily up or down price movement of about 0.0556% per day over the life of the 2025-06-20 option contract. With Norwegian Cruise trading at USD 15.69, that is roughly USD 0.008728. If you think that the market is fully incorporating Norwegian Cruise's daily price movement you should consider buying Norwegian Cruise Line options at the current volatility level of 0.89%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Norwegian |
Purchasing Norwegian Cruise 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" Norwegian calls. Remember, the seller must deliver Norwegian Cruise Line stock to the call owner when a call is exercised.
Norwegian Cruise Option Chain
When Norwegian Cruise's strike price is surpassing the current stock price, the option contract against Norwegian Cruise Line 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.
Norwegian Cruise's option chain is a display of a range of information that helps investors for ways to trade options on Norwegian. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Norwegian. It also shows strike prices and maturity days for a Norwegian Cruise 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 Int | Strike Price | Current Spread | Last Price | |||
Call | NCLH250620C00040000 | 238 | 40.0 | 0.01 - 0.56 | 0.05 | Out |
Call | NCLH250620C00037000 | 1528 | 37.0 | 0.01 - 0.51 | 0.02 | Out |
Call | NCLH250620C00035000 | 2340 | 35.0 | 0.01 - 0.2 | 0.06 | Out |
Call | NCLH250620C00034000 | 427 | 34.0 | 0.01 - 0.38 | 0.82 | Out |
Call | NCLH250620C00033000 | 2523 | 33.0 | 0.02 - 0.08 | 0.05 | Out |
Call | NCLH250620C00032000 | 705 | 32.0 | 0.03 - 0.95 | 0.04 | Out |
Call | NCLH250620C00031000 | 933 | 31.0 | 0.02 - 1.14 | 0.1 | Out |
Call | NCLH250620C00030000 | 3747 | 30.0 | 0.04 - 0.08 | 0.08 | Out |
Call | NCLH250620C00029000 | 1170 | 29.0 | 0.03 - 0.35 | 0.11 | Out |
Call | NCLH250620C00028000 | 2980 | 28.0 | 0.04 - 0.7 | 0.07 | Out |
Call | NCLH250620C00027000 | 579 | 27.0 | 0.07 - 0.16 | 0.1 | Out |
Call | NCLH250620C00026000 | 1032 | 26.0 | 0.1 - 0.17 | 0.08 | Out |
Call | NCLH250620C00025000 | 4482 | 25.0 | 0.14 - 0.21 | 0.14 | Out |
Call | NCLH250620C00024000 | 2113 | 24.0 | 0.19 - 0.26 | 0.2 | Out |
Call | NCLH250620C00023000 | 561 | 23.0 | 0.26 - 0.33 | 0.27 | Out |
Call | NCLH250620C00022000 | 3001 | 22.0 | 0.36 - 0.42 | 0.32 | Out |
Call | NCLH250620C00021000 | 412 | 21.0 | 0.49 - 0.55 | 0.51 | Out |
Call | NCLH250620C00020000 | 2168 | 20.0 | 0.56 - 0.59 | 0.65 | Out |
Call | NCLH250620C00019000 | 186 | 19.0 | 0.86 - 0.96 | 0.87 | Out |
Call | NCLH250620C00018000 | 433 | 18.0 | 1.15 - 1.44 | 1.31 | Out |
Call | NCLH250620C00017000 | 397 | 17.0 | 1.54 - 1.61 | 1.46 | Out |
Call | NCLH250620C00016000 | 227 | 16.0 | 1.76 - 1.8 | 1.82 | Out |
Call | NCLH250620C00015000 | 953 | 15.0 | 2.1 - 2.16 | 2.59 | In |
Call | NCLH250620C00014000 | 16 | 14.0 | 2.99 - 2.73 | 2.87 | In |
Call | NCLH250620C00013000 | 319 | 13.0 | 3.7 - 3.35 | 3.6 | In |
Call | NCLH250620C00012000 | 27 | 12.0 | 4.4 - 4.05 | 4.45 | In |
Call | NCLH250620C00010000 | 63 | 10.0 | 5.9 - 5.75 | 9.17 | In |
Call | NCLH250620C00008000 | 105 | 8.0 | 7.75 - 7.95 | 11.15 | In |
Call | NCLH250620C00005000 | 79 | 5.0 | 10.5 - 12.25 | 11.85 | In |
Call | NCLH250620C00003000 | 84 | 3.0 | 12.55 - 12.6 | 16.15 | In |
Put | NCLH250620P00040000 | 0 | 40.0 | 23.9 - 25.55 | 19.1 | In |
Put | NCLH250620P00037000 | 0 | 37.0 | 20.9 - 22.35 | 11.05 | In |
Put | NCLH250620P00035000 | 0 | 35.0 | 18.95 - 20.4 | 13.85 | In |
Put | NCLH250620P00034000 | 0 | 34.0 | 17.7 - 19.5 | 8.15 | In |
Put | NCLH250620P00033000 | 0 | 33.0 | 16.8 - 18.2 | 6.5 | In |
Put | NCLH250620P00032000 | 0 | 32.0 | 15.9 - 17.25 | 12.55 | In |
Put | NCLH250620P00031000 | 1 | 31.0 | 14.8 - 16.45 | 11.05 | In |
Put | NCLH250620P00030000 | 1 | 30.0 | 13.8 - 16.25 | 10.25 | In |
Put | NCLH250620P00029000 | 100 | 29.0 | 13.25 - 13.8 | 12.2 | In |
Put | NCLH250620P00028000 | 71 | 28.0 | 12.75 - 12.6 | 9.61 | In |
Put | NCLH250620P00027000 | 862 | 27.0 | 11.7 - 11.85 | 11.65 | In |
Put | NCLH250620P00026000 | 822 | 26.0 | 10.3 - 10.95 | 6.15 | In |
Put | NCLH250620P00025000 | 3169 | 25.0 | 8.85 - 9.7 | 9.25 | In |
Put | NCLH250620P00024000 | 1285 | 24.0 | 8.35 - 8.7 | 8.4 | In |
Put | NCLH250620P00023000 | 554 | 23.0 | 7.3 - 7.55 | 6.73 | In |
Put | NCLH250620P00022000 | 1536 | 22.0 | 6.5 - 6.9 | 6.73 | In |
Put | NCLH250620P00021000 | 2184 | 21.0 | 6.0 - 5.8 | 5.73 | In |
Put | NCLH250620P00020000 | 3093 | 20.0 | 3.85 - 4.95 | 4.9 | In |
Put | NCLH250620P00019000 | 1432 | 19.0 | 4.3 - 4.15 | 4.25 | In |
Put | NCLH250620P00018000 | 1040 | 18.0 | 2.87 - 3.45 | 3.53 | In |
Put | NCLH250620P00017000 | 9581 | 17.0 | 2.6 - 2.83 | 2.92 | In |
Put | NCLH250620P00016000 | 1600 | 16.0 | 2.13 - 2.22 | 2.18 | In |
Put | NCLH250620P00015000 | 4134 | 15.0 | 1.69 - 1.76 | 1.67 | Out |
Put | NCLH250620P00014000 | 135 | 14.0 | 1.24 - 1.34 | 1.28 | Out |
Put | NCLH250620P00013000 | 2365 | 13.0 | 0.94 - 0.99 | 0.97 | Out |
Put | NCLH250620P00012000 | 57 | 12.0 | 0.65 - 0.71 | 0.7 | Out |
Put | NCLH250620P00010000 | 3573 | 10.0 | 0.23 - 0.34 | 0.3 | Out |
Put | NCLH250620P00008000 | 6086 | 8.0 | 0.05 - 0.41 | 0.05 | Out |
Put | NCLH250620P00005000 | 2160 | 5.0 | 0.0 - 0.06 | 0.02 | Out |
Put | NCLH250620P00003000 | 324 | 3.0 | 0.0 - 0.13 | 0.01 | Out |
Norwegian Cruise Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Norwegian Cruise Market Cap Over Time
Market Cap |
| Timeline |
Norwegian Total Stockholder Equity
Total Stockholder Equity |
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Norwegian Cruise Corporate Directors
| John Chidsey | Independent Director | Profile | |
| Stella David | Independent Director | Profile | |
| Mary Landry | Independent Director | Profile | |
| David Abrams | Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Norwegian Cruise Line. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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 Norwegian Cruise. If investors know Norwegian 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 Norwegian Cruise 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 0.34 | Earnings Share 1.89 | Revenue Per Share | Quarterly Revenue Growth 0.062 | Return On Assets |
The market value of Norwegian Cruise Line is measured differently than its book value, which is the value of Norwegian that is recorded on the company's balance sheet. Investors also form their own opinion of Norwegian Cruise's value that differs from its market value or its book value, called intrinsic value, which is Norwegian Cruise'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 Norwegian Cruise's market value can be influenced by many factors that don't directly affect Norwegian Cruise'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 Norwegian Cruise's value and its price as these two are different measures arrived at by different means. Investors typically determine if Norwegian Cruise is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Norwegian Cruise'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.