31.04K calls and 32.76K puts traded on Nov 4, 2026, 63.79K contracts in total. Open interest was 1.02M contracts. Over the past 30 days, volume averaged 41.74K contracts per day. The CCL option volume chart shows volume by strike and expiration date.

Carnival IV rank is 23, so its 30-day implied volatility of 41.2% is in the lower part of its one-year range. Over the past year it ranged from 32.5% on Dec 26, 2025 to 70.4% on Mar 12, 2026. See the CCL implied volatility history for a longer view.

The Carnival put/call volume ratio was 1.06 on Nov 4, 2026, so puts outnumber calls. The put/call open interest ratio was 1.40. The CCL open interest chart shows calls and puts at each strike.

As of the Nov 4, 2026 close, max pain for Carnival options about one week from expiration was $27.86, 11.1% below the $31.32 close. The CCL max pain chart shows it for every expiration date.

Based on 7-day implied volatility of 47.1%, options price a move of about ±$2.04 (±6.5%) over the next week, a range of roughly $29.28 to $33.36 from the Nov 4, 2026 close. The CCL expected move chart shows it for every expiration date.