Carnival (CCL) has seen massive call buying accumulation since the start of May including 40,000 July $12 calls, 10,000 September $11 calls, 15,000 July $11 calls, 4000 October $10 calls and 20,000 July $13 calls. Following a strong move last week shares are flagging above the rising 8-MA while the weekly showing a long bottoming pattern over the past year that measures to a $15 target while VWAP off 2021 highs at $14.35 another target of note. CCL still has a massive opening sale of 50,000 January $10 short puts sold for $2.98 holding in OI as well.