Equity Trade Update: $CCL *Target Hit*
Negative Weekly Signal
We posted this idea last Wednesday 13th Aug when CCL 0.00%↑ was trading at $30.36. This morning it hit our target of $29.14 which is a 4% move from our reference price.
The options is currently 25%+ in the money. We are still monitoring the position and see support at $28.59 which is a further 2% drop.
***Original Post***
We have a pending negative weekly signal in Carnival Corp. The price has had some positive action this week with the stock up over 6.8% this week but this presents a good entry opportunity for the short side.
An outright long put offers leveraged downside exposure with limited risk. With CCL trading near $30, the $33 strike provides intrinsic value plus additional room for a continued decline.
Why we like it:
Pending medium-term negative signal adds weight to the bearish case
Breakeven is just $0.36 below current price
Unlimited profit potential below $30
📉 Trade Setup:
CCL $33 Put (Sept 19 expiry)
💰 Cost (Premium): $3.00
📍 CCL Reference Price: $30.36
📆 Expiration: Sept 19, 2025
📊 Payout Profile
Max Profit: $27.00 (if CCL → $0)
Max Loss: $3.00 (premium paid)
Break-Even: $30.00
Risk/Reward: Defined risk with high upside potential
🎯 Target Levels
Target 1: $29.14
