NCLH - Options Database

NCLH

NORWEGIAN CRUISE LIN

$16.75 -3.40%

(8/20 15:00) ◀

Thursday, August 20, 2026 (4:00pm)

▶ (8/20 18:51)

◀ 8/20 16:00 ▶

Option Volume

Detail

ℹ

Current (08/20 4:00pm) 60,438

Calls: 17,669 (29%)

Puts: 42,769 (71%)

Prior --

Calls: 19,126 (66%)

Puts: 9,696 (34%)

Current vs Prior +0.00%

Calls: -7.62% (Calls)

Puts: +341.10% (Puts)

Prior 7-Day Total 246,960

Calls: 116,057 (47%)

Puts: 130,903 (53%)

Prior 7-Day Average 35,280

Calls: 16,579 (47%)

Puts: 18,700 (53%)

Current vs Prior 7-Day Avg +71.31%

Calls: +6.57%

Puts: +128.71%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (08/20 4:00pm) $9.94M

Calls: $1.43M (14%)

Puts: $8.51M (86%)

Prior --

Calls: $2.55M (70%)

Puts: $1.09M (30%)

Current vs Prior +0.00%

Calls: -43.81%

Puts: +680.05%

Prior 7-Day Total $28.65M

Calls: $10.99M (38%)

Puts: $17.66M (62%)

Prior 7-Day Average $4.09M

Calls: $1.57M (38%)

Puts: $2.52M (62%)

Current vs Prior 7-Day Avg +142.98%

Calls: -8.72%

Puts: +237.41%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (08/20 4:00pm) 2.42

Prior 1.00

Current vs Prior +142.06%

Prior 7-Day Average 1.30

Current vs Prior 7-Day Avg +86.22%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (08/20 4:00pm) 574,098

Calls: 310,402 (54%)

Puts: 263,696 (46%)

Prior --

Calls: -- (--)

Puts: -- (--)

Current vs Prior +0.00%

Prior 7-Day Total 3,951,948

Calls: 2,075,276 (53%)

Puts: 1,876,672 (47%)

Prior 7-Day Average 564,564

Calls: 296,468 (53%)

Puts: 268,096 (47%)

Current vs Prior 7-Day Avg +1.69%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (08/21) | Next (08/28)Expiry (08/21) | Next (09/18)

Current 4.54% | 6.75%4.54% | 9.85%

Prior 5.50% | 7.99%11.32% | 14.60%

Current vs Prior -17.54% | -15.56%-59.93% | -32.54%

Prior 7-Day Avg 5.30% | 9.98%12.73% | 16.13%

Current vs 7-Day Avg -14.40% | -32.42%-64.37% | -38.93%

Prior 7-Day Eod 5.50% | 7.99%4.33% | 9.92%

Current vs 7-Day Eod -17.54% | -15.56%+4.90% | -0.69%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 52.80% | 32.53%

Calls: 69.70% | 22.81%

Puts: 35.90% | 42.25%

Prior 52.17% | 20.43%

Calls: 85.00% | 17.05%

Puts: 19.35% | 23.81%

Current vs Prior +1.21% | +59.23%

Prior 7-Day Avg 48.78% | 12.75%

Calls: 48.74% | 10.72%

Puts: 48.82% | 14.79%

Current vs 7-Day Avg +8.24% | +155.06%

Liquidity Expensive

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🤖 AI Insights

Strong bearish conviction with 86% of dollar volume in puts ($8.51M) vs calls ($1.43M). Dollar volume significantly above 7-day average (143% higher). Extreme bearish P/C ratio of 2.42 - heavy put buying. P/C ratio rising 142% - increased hedging/bearish positioning.

Smart Money BEARISH

Retail Flow BEARISH

Overall BEARISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

Prior BULLISH

7-Day Avg BEARISH

Current BEARISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BEARISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current NEUTRAL

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
16:00	BEARISH	BEARISH	BEARISH
15:00	BEARISH	BEARISH	BEARISH
14:00	BEARISH	BEARISH	BEARISH
13:00	BEARISH	BEARISH	BEARISH

📈 Options Analysis

🎯 Tightest Spreads

💰 Best Value Under $1

📊 High Delta (ITM)

🔥 High Volume

⏰ Backwardation

📈 Debit Spreads

📉 Credit Spreads

📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

🦅 Iron Condors

🦋 Butterflies

⚖️ Ratio Spreads

🛡️ Covered Calls

🎯

Tightest Spreads

💰

Best Value <$1

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 4 of results (avg 7.4%, best 6.5%)

CALLS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$17.00	Sep 18	0.70	0.76	$0.73	8.2%	692	0.48	2.1K

PUTS (3)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$17.00	Sep 18	0.89	0.95	$0.92	6.5%	1.0K	0.52	9.5K
$18.00	Sep 18	1.56	1.68	$1.62	7.4%	308	0.69	8.9K
$19.00	Sep 18	2.33	2.51	$2.42	7.4%	2.5K	0.82	5.4K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 7 found (avg $0.59, cheapest $0.16)

CALLS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$17.50	Aug 28	0.15	0.18	$0.16	18.8%	252	0.26	36
$17.00	Sep 18	0.70	0.76	$0.73	8.2%	692	0.48	2.1K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$16.50	Aug 28	0.28	0.34	$0.31	19.4%	775	0.39	235
$16.00	Sep 18	0.42	0.50	$0.46	17.4%	545	0.33	3.7K
$17.00	Sep 11	0.78	0.90	$0.84	14.3%	25	0.54	3.4K
$17.00	Sep 18	0.89	0.95	$0.92	6.5%	1.0K	0.52	9.5K
$16.00	Oct 2	0.65	0.72	$0.69	10.1%	70	0.36	98

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 51 found (avg delta 0.80, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$15.50	Aug 21	1.01	1.40	$1.21	32.2%	24	0.98	2
$14.00	Aug 21	2.35	2.78	$2.57	16.7%	--	0.97	12
$15.00	Aug 21	1.41	1.91	$1.66	30.1%	38	0.97	67
$16.00	Aug 21	0.60	0.80	$0.70	28.6%	49	0.95	66
$15.00	Aug 28	1.38	2.07	$1.73	39.9%	--	0.94	49

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$18.00	Aug 21	1.19	1.57	$1.38	27.5%	5.2K	1.00	3.3K
$18.50	Aug 21	1.70	2.10	$1.90	21.1%	2.2K	1.00	1.4K
$19.00	Aug 21	2.17	2.41	$2.29	10.5%	2.4K	1.00	1.5K
$19.50	Aug 21	2.71	3.25	$2.98	18.1%	94	1.00	237
$20.00	Aug 21	3.20	3.60	$3.40	11.8%	2.2K	1.00	1.4K

Most actively traded options today. High liquidity = easy entry/exit. 102 active (total vol 39.2K, top 5.2K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$17.00	Aug 21	0.07	0.09	$0.08	25.0%	3.0K	0.31	179
$16.50	Aug 28	0.51	0.64	$0.57	22.8%	956	0.61	11
$18.00	Sep 18	0.35	0.43	$0.39	20.5%	924	0.31	2.0K
$18.00	Sep 11	0.24	0.31	$0.28	25.0%	820	0.26	125
$18.00	Aug 21	0.00	0.01	$0.01	100.0%	764	0.02	8.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$18.00	Aug 21	1.19	1.57	$1.38	27.5%	5.2K	1.00	3.3K
$19.00	Sep 18	2.33	2.51	$2.42	7.4%	2.5K	0.82	5.4K
$19.00	Aug 21	2.17	2.41	$2.29	10.5%	2.4K	1.00	1.5K
$20.00	Aug 21	3.20	3.60	$3.40	11.8%	2.2K	1.00	1.4K
$18.50	Aug 21	1.70	2.10	$1.90	21.1%	2.2K	1.00	1.4K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 2 strikes (avg 22.8%, max 22.8%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$16.50	Aug 21	Sep 4	54.1%	44.0%	22.8%	417	68

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$16.50	Aug 21	Sep 4	54.1%	44.0%	22.8%	2.1K	265

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 38 found (best R:R 0.59, avg 1.85)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$15.00	$16.00	Sep 25	$0.62	$0.38	$0.62	83%	0.61	$15.62
$17.00	$18.00	Sep 25	$0.24	$0.76	$0.24	47%	3.17	$17.24
$16.00	$17.00	Sep 18	$0.46	$0.54	$0.46	67%	1.17	$16.46
$16.00	$16.50	Aug 21	$0.33	$0.17	$0.33	95%	0.52	$16.33
$18.00	$19.00	Oct 2	$0.18	$0.82	$0.18	34%	4.56	$18.18

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$20.00	$19.00	Sep 4	$0.63	$0.37	$0.63	91%	0.59	$19.37
$18.00	$17.00	Oct 2	$0.54	$0.46	$0.54	65%	0.85	$17.46
$15.00	$14.00	Oct 2	$0.11	$0.89	$0.11	22%	8.09	$14.89
$18.00	$17.00	Sep 25	$0.58	$0.42	$0.58	66%	0.72	$17.42
$17.00	$16.00	Sep 11	$0.41	$0.59	$0.41	54%	1.44	$16.59

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 19 found (best R:R 0.49, avg 0.41)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$18.00	$19.00	Sep 25	$0.33	$0.33	$0.67	66%	0.49	$18.33
$18.50	$19.00	Sep 4	$0.12	$0.12	$0.38	80%	0.32	$18.62
$17.00	$18.00	Oct 2	$0.44	$0.44	$0.56	51%	0.79	$17.44
$17.50	$18.00	Sep 4	$0.13	$0.13	$0.37	66%	0.35	$17.63
$18.00	$19.00	Sep 18	$0.20	$0.20	$0.80	69%	0.25	$18.20

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$16.00	$15.00	Oct 2	$0.36	$0.36	$0.64	64%	0.56	$15.64
$16.00	$15.00	Sep 18	$0.29	$0.29	$0.71	67%	0.41	$15.71
$16.00	$15.00	Sep 11	$0.28	$0.28	$0.72	67%	0.39	$15.72
$16.00	$15.00	Sep 25	$0.31	$0.31	$0.69	65%	0.45	$15.69
$16.00	$15.50	Sep 4	$0.16	$0.16	$0.34	71%	0.47	$15.84

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 1 found (avg debit $0.23, cheapest $0.23)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$17.00	Aug 21	Aug 28	$0.23	47.0%	42.4%

PUTS (0)

No puts found

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 27 found (cheapest 2.69% of stock, avg 8.63%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$16.50	Aug 21	$0.37	$0.08	$0.45	$16.05	$16.95	2.69%
$17.00	Aug 21	$0.08	$0.39	$0.47	$16.53	$17.47	2.81%
$16.00	Aug 21	$0.70	$0.01	$0.71	$15.29	$16.71	4.24%
$17.00	Aug 28	$0.31	$0.56	$0.87	$16.13	$17.87	5.19%
$16.50	Aug 28	$0.57	$0.31	$0.88	$15.62	$17.38	5.25%
$17.50	Aug 21	$0.02	$0.90	$0.92	$16.58	$18.42	5.49%
$16.00	Aug 28	$0.92	$0.16	$1.08	$14.92	$17.08	6.45%
$17.50	Aug 28	$0.16	$0.99	$1.15	$16.35	$18.65	6.87%
$17.00	Sep 4	$0.45	$0.72	$1.17	$15.83	$18.17	6.99%
$15.50	Aug 21	$1.21	$0.01	$1.22	$14.28	$16.72	7.28%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 86 found (cheapest 0.42% of stock, avg 3.29%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$18.50	$15.00	Aug 28	$0.04	$0.03	$0.07	$14.93	$18.57
$19.50	$15.00	Aug 28	$0.06	$0.03	$0.09	$14.91	$19.59
$18.50	$15.50	Aug 28	$0.04	$0.07	$0.11	$15.39	$18.61
$17.50	$16.50	Aug 21	$0.02	$0.08	$0.10	$16.40	$17.60
$18.00	$15.00	Aug 28	$0.09	$0.03	$0.12	$14.88	$18.12
$19.50	$15.50	Aug 28	$0.06	$0.07	$0.13	$15.37	$19.63
$18.00	$15.50	Aug 28	$0.09	$0.07	$0.16	$15.34	$18.16
$17.00	$16.50	Aug 21	$0.08	$0.08	$0.16	$16.34	$17.16
$19.00	$15.00	Sep 4	$0.08	$0.09	$0.17	$14.83	$19.17
$20.00	$14.00	Sep 11	$0.11	$0.08	$0.19	$13.81	$20.19

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 5 found (best R:R 1.27, avg credit $0.40)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
16/16	18/19	Sep 4	$0.28	$0.22	51%	1.27	$15.72	$18.78
16/16	18/18	Sep 4	$0.29	$0.21	37%	1.38	$15.71	$17.79
15/16	18/19	Sep 25	$0.64	$0.36	32%	1.78	$15.36	$18.64
15/16	18/19	Sep 18	$0.49	$0.51	36%	0.96	$15.51	$18.49
14/15	18/19	Oct 2	$0.29	$0.71	44%	0.41	$14.71	$18.29

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 44 found (best R:R 6.69, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$16.00	$17.00	$18.00	Sep 18	$0.12	$0.88	36%	7.33
$16.00	$17.00	$18.00	Oct 2	$0.08	$0.92	29%	11.50
$17.00	$18.00	$19.00	Sep 18	$0.14	$0.86	30%	6.14
$16.50	$17.00	$17.50	Aug 21	$0.23	$0.27	66%	1.17
$16.00	$16.50	$17.00	Aug 28	$0.09	$0.41	34%	4.56

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$15.00	$16.00	$17.00	Sep 11	$0.13	$0.87	40%	6.69
$17.00	$18.00	$19.00	Sep 18	$0.10	$0.90	30%	9.00
$16.50	$17.00	$17.50	Aug 21	$0.20	$0.30	71%	1.50
$17.00	$18.00	$19.00	Sep 25	$0.11	$0.89	28%	8.09
$15.00	$16.00	$17.00	Sep 18	$0.17	$0.83	36%	4.88

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 53 found (best net $-0.11, 44 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$15.00	$16.00	1:2	Aug 28	-$0.11	$0.89
$15.00	$16.00	1:2	Sep 4	-$0.35	$0.65
$15.00	$16.00	1:2	Sep 18	-$0.38	$0.62
$16.00	$17.00	1:2	Sep 25	-$0.17	$0.83
$15.50	$16.00	1:2	Aug 21	-$0.19	$0.31

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$18.00	$17.00	1:2	Sep 11	-$0.09	$0.91
$18.00	$17.00	1:2	Sep 18	-$0.22	$0.78
$17.00	$16.00	1:2	Sep 18	$0.00	$1.00
$17.00	$16.00	1:2	Oct 2	-$0.11	$0.89
$17.50	$17.00	1:2	Aug 28	-$0.13	$0.37

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 22 found (best yield 4.84%, avg 1.75%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$17.00	Oct 2	$0.81	0.49	1.5%	4.84%	6.33%	109	79
$18.00	Oct 2	$0.50	0.34	7.5%	2.99%	10.45%	38	257
$18.00	Sep 25	$0.40	0.34	7.5%	2.39%	9.85%	2	76
$17.00	Sep 18	$0.70	0.48	1.5%	4.18%	5.67%	692	2.1K
$17.00	Sep 25	$0.68	0.47	1.5%	4.06%	5.55%	42	4
$19.00	Oct 2	$0.23	0.24	13.4%	1.37%	14.81%	2	67
$18.00	Sep 18	$0.35	0.31	7.5%	2.09%	9.55%	924	2.0K
$20.00	Oct 2	$0.15	0.18	19.4%	0.90%	20.30%	12	10
$17.00	Sep 11	$0.47	0.45	1.5%	2.81%	4.30%	11	41
$19.00	Sep 25	$0.17	0.18	13.4%	1.01%	14.45%	23	446

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Current Put/Call Breakdown

Total Calls 17,669

Total Puts 42,769

Put/Call Ratio 2.42

Net Difference -25,100

Prior's Put/Call Breakdown

Total Calls 19,126

Total Puts 9,696

Put/Call Ratio 1.00

Net Difference 9,430

Prior 7-Day Put/Call Summary

Total Calls 116,057

Total Puts 130,903

Average Put/Call Ratio 1.30

Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

🤖 AI Insights

📈 Options Analysis

Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

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