Morgan Stanley Slashes Estimates on Cruise Lines 25-30% Amid Covid-19 Impact

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'Intensified' Put Buying in Norwegian Cruise Line (NCLH) and Cruise Line Peers, Amid Negative Coronavirus Impact -Susquehanna

February 26, 2020 2:51 PM EST

Susquehanna options strategist Alison Edwards notes "intensified" put buying in cruise line companies with Norwegian Cruise Line (NYSE: NCLH) seeing investors purchase 5k Jun 27.5 Puts for $0.90 and 1.5k Mar 35 puts, following buyers March and Sept puts yesterday.

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