NCLH Options Chain by Expiration – Open Interest & Put/Call Ratio

Explore the NCLH options chain aggregated by expiration date, with call and put open interest, total OI and put/call ratios. Use this overview to spot where options positioning is most concentrated and which expirations carry bullish, bearish or neutral sentiment for NCLH.

Options Analysis Short-Term Forecast Short Interest Report

Market Sentiment from NCLH Options by Expiration Date

The table below aggregates NCLH options data by expiration date, including call volume, put volume, total open interest and the put/call ratio. Each row is assigned a sentiment label and numerical sentiment score, highlighting expirations where positioning is extremely bullish, defensive or balanced. Click on an expiration date to drill down into the detailed options chain for that maturity.

Expiration Date	Call OI	Put OI	Total Open Interest	Put/Call Ratio
2025-12-26	9398	8449	17847	0.899
2026-01-02	2798	3861	6659	1.380
2026-01-09	6124	484	6608	0.079
2026-01-16	76042	83739	159781	1.101
2026-01-23	1385	251	1636	0.181
2026-01-30	753	274	1027	0.364
2026-02-20	2567	321	2888	0.125
2026-03-20	28657	31412	60069	1.096
2026-06-18	35976	33054	69030	0.919
2026-09-18	8376	19084	27460	2.278
2026-12-18	26651	17059	43710	0.640
2027-01-15	20958	19589	40547	0.935
2028-01-21	17974	5459	23433	0.304
How the Options Sentiment Score Is Calculated This sentiment framework evaluates market bias for NCLH based on aggregated options data by expiration date. The key metrics are: Put/Call Ratio (PCR): Compares put and call activity. A higher PCR usually indicates more defensive or bearish positioning, while a lower PCR suggests bullish call demand. Open Interest (OI): Represents the number of outstanding option contracts. Higher open interest reflects strong market attention, hedging activity or speculative positioning around NCLH. Unusual activity ⚠️: Expirations with extreme PCR or unusually high OI are flagged with a warning icon, signaling concentrated bets, hedging pressure or potential event-driven risk. The sentiment score combines PCR and OI into a 0–100 scale, then classifies each expiration into intuitive labels such as Strong Bullish, Moderate Bullish, Neutral, Moderate Bearish, Strong Bearish. Higher scores reflect more aggressive bullish positioning in NCLH options, while lower scores highlight more defensive or bearish structures.