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traderman001
Mar 19, 2020 5:28 AM

NORWEGIAN CRUISE LINE HOLDINGS: A Shallow Guess Short

Norwegian Cruise Line Holdings Ltd.NYSE

Description

Here's an idea based solely on volume. It looks like bear-ish volume that may begin with a slight surge and then continue deeper into mid April. What do you think?

My trade is NCLH Apr 17 2020 $5 Put

Comment

Actually going to $2.50 Puts instead:
NCLH Apr 17 2020 $2.50 Put
Comments
Eichenkatze
Definitely more to be lost. Cruise lines are coming to a grinding halt and it will be some time before they can recover. Travel for business will come first then vacations.
traderman001
@Eichenkatze, I don't disagree with you. It'll be a while. I'm not a technical analyst by any means. IMHO this market is so wild and irrational. Anything can happen.
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