Data Source: Barchart
On Thursday some institution/fund purchased 3,961 contracts of Jan. 2025 $12.50 strike calls (or the right to buy 396,100 shares of Norwegian Cruise Line Holdings Ltd. (NCLH) at $12.50). The open interest was just 551 prior to this purchase.
Monitoring unusual options activity can be a useful tool. Large amounts of options being traded on a particular stock may provide some valuable insight into what the “smart money” is doing.
