powelltrades

Carnival has submerged and hit BOTTOM?! - Buying Calls

Long
NYSE:CCL   Carnival Corporation
Documenting what I suspect is support for the legendary cruise line Carnival. All cruise lines have been dropping fast.
I noticed that overall the #ES is showing signs of slowing and I am anticipating a lot of buying volume as the news of Corona Virus is getting older.

I have a March 20 $20 Call for $.30 bought.
Also, buying April 17 $30 Call for $.25.

I will cut losses quick if price breaks current lows.

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