Dutch Bros and Hershey Options Trading Activity Surges
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 days ago
0mins
Should l Buy NCLH?
Source: NASDAQ.COM
- Dutch Bros Options Volume: Dutch Bros Inc saw options trading volume of 36,024 contracts, equivalent to approximately 3.6 million shares, representing 60.4% of its average daily trading volume over the past month, indicating strong market interest in the stock.
- High Demand Call Options: Notably, the $60 strike call option expiring on March 20, 2026, has seen 3,340 contracts traded today, representing about 334,000 underlying shares, suggesting investor expectations for future price increases.
- Hershey Options Activity: Hershey Company recorded an options trading volume of 14,351 contracts, approximately 1.4 million shares, accounting for 58.6% of its average daily trading volume over the past month, reflecting ongoing market interest in the company.
- Significant Call Option Trading: The $185 strike call option expiring on February 20, 2026, has seen a trading volume of 4,665 contracts today, representing around 466,500 underlying shares, indicating optimistic sentiment among investors regarding Hershey's future performance.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy NCLH?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on NCLH
Wall Street analysts forecast NCLH stock price to rise
13 Analyst Rating
8 Buy
5 Hold
0 Sell
Moderate Buy
Current: 21.490
Low
20.00
Averages
26.77
High
40.00
Current: 21.490
Low
20.00
Averages
26.77
High
40.00
About NCLH
Norwegian Cruise Line Holdings Ltd. is a global cruise company. The Company operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. With a combined fleet of 32 ships and over 66,500 berths, it offers itineraries to over 700 destinations worldwide. Its brands offer itineraries to worldwide destinations, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii. All its brands offer an assortment of features, amenities and activities, including a variety of accommodations, multiple dining venues, bars and lounges, spa, casino and retail shopping areas and numerous entertainment choices. All brands also offer a selection of shore excursions at each port of call, as well as air transportation and hotel packages for stays before or after a voyage. Norwegian’s ships cater to a variety of travelers with up to 20 dining options. Oceania Cruises offers onboard dining, with multiple open-seating dining venues.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
ELLIOTT URGES BOARD RESTRUCTURING AND FRESH BUSINESS STRATEGY AT NORWEGIAN
Board Change Proposal: Elliott Management is advocating for a change in the board of directors to enhance governance and strategic direction.
New Business Plan: The firm is also pushing for the implementation of a new business plan aimed at improving operational efficiency and financial performance.
See More
Norwegian Cruise Line Holdings Signs New Shipbuilding Agreement with Fincantieri
- New Shipbuilding Agreement: Norwegian Cruise Line Holdings has signed an agreement with Fincantieri to construct one new cruise ship for each of its three brands, with deliveries scheduled between 2036 and 2037, further advancing the company's long-term fleet development strategy.
- Fleet Expansion Plan: This order adds a total of 17 newbuilds to NCLH's pipeline, expected to increase the fleet by approximately 46,600 berths by 2037, thereby enhancing the company's competitive position in the global cruise market.
- Financial Discipline Assurance: The initial capital outlay for the new ships is modest, and the agreement is not anticipated to materially impact near-term leverage or cash flow, ensuring the company maintains financial stability while expanding its fleet.
- Sustainability Commitment: The new ships are designed to accommodate green methanol as a future fuel source, reflecting the company's strategic direction towards environmental sustainability and aligning with industry trends.
See More
Norwegian Cruise Line Shares Surge 12.07% Following Activist Stake Disclosure
- Significant Stock Surge: Norwegian Cruise Line (NCLH) shares rose 12.15% to $24.10 at Tuesday's close, primarily driven by Elliott Investment Management's disclosure of a stake exceeding 10%, indicating market anticipation for governance and strategic changes.
- Volume Spike: Trading volume reached 59.6 million shares, approximately 219% above the three-month average, reflecting strong investor interest in the company's future, which could lead to more aggressive market performance.
- Industry Comparison: Despite the cruise industry's recovery over the past three years, Norwegian has only achieved a 6% annualized total return, significantly lagging behind Carnival's 40% and Royal Caribbean's 64%, highlighting its competitive disadvantages and urgent need for cost structure improvements.
- Call for Governance Change: Elliott noted that NCL's SG&A expenses have grown nearly three times faster than its peers since 2013, emphasizing the necessity for a leadership and board shake-up to restore the company's competitive edge in the market.
See More
Analysis and Outlook: Saved by the Bell
- Nasdaq Performance: The Nasdaq Composite ended its four-day losing streak today.
- Impact of AI Concerns: Despite the positive performance, concerns regarding AI continued to affect software stocks.
See More
Norwegian Cruise Line Shares Surge as Activist Investor Discloses 10% Stake
- Stock Surge: Norwegian Cruise Line (NCLH) shares rose 12.6% on Tuesday to $24.09, reflecting investor optimism following the involvement of activist investor Elliott Management, which disclosed a significant stake in the company.
- Activist Investor Involvement: Elliott Management revealed a 10% stake in Norwegian and published a presentation asserting that the stock could reach $56 per share, indicating a potential upside of 159% from the previous day's price, highlighting significant growth potential.
- Management Critique: In its letter, Elliott criticized Norwegian's management and Board for substantial deficiencies in unit revenues, costs, and margins compared to peers, resulting in a notably lower enterprise value-to-EBITDA ratio, which raises concerns about governance and performance.
- CEO Change: Norwegian recently appointed John W. Chidsey, former CEO of Subway and Burger King, as the new CEO, replacing Harry Sommer, which may signal a shift in strategy; however, it remains uncertain whether Elliott will support Chidsey or push for further changes.
See More
Wall Street Opens Under AI Disruption Fears
- Tech Stocks Decline: The iShares Expanded Tech-Software Sector ETF (NYSE:IGV) fell over 2.7% in midday New York trading, marking its 11th decline in the past 15 sessions and pushing year-to-date losses to nearly 25%, reflecting ongoing investor concerns over potential AI-driven market disruptions.
- Nasdaq Underperformance: While broader equity indices were largely flat, the tech-heavy Nasdaq 100 slipped 0.3%, indicating a lack of confidence in the tech sector that may influence future investment decisions.
- Airline Stocks Rally: Airbnb Inc. (NASDAQ:ABNB) added 3.7%, extending last week's post-earnings momentum, while Southwest Airlines Co. (NYSE:LUV) jumped over 6% following analyst upgrades, suggesting a positive outlook for the airline industry's recovery.
- Commodity Market Decline: Following Iran's foreign minister's statement on reaching key principles with the U.S., crude oil fell 1.3% to $62 per barrel, while gold and silver dropped 2.5% and nearly 6%, respectively, indicating market reactions to geopolitical risks.
See More
ELLIOTT URGES BOARD RESTRUCTURING AND FRESH BUSINESS STRATEGY AT NORWEGIAN
Board Change Proposal: Elliott Management is advocating for a change in the board of directors to enhance governance and strategic direction.
New Business Plan: The firm is also pushing for the implementation of a new business plan aimed at improving operational efficiency and financial performance.
See More
Norwegian Cruise Line Holdings Signs New Shipbuilding Agreement with Fincantieri
- New Shipbuilding Agreement: Norwegian Cruise Line Holdings has signed an agreement with Fincantieri to construct one new cruise ship for each of its three brands, with deliveries scheduled between 2036 and 2037, further advancing the company's long-term fleet development strategy.
- Fleet Expansion Plan: This order adds a total of 17 newbuilds to NCLH's pipeline, expected to increase the fleet by approximately 46,600 berths by 2037, thereby enhancing the company's competitive position in the global cruise market.
- Financial Discipline Assurance: The initial capital outlay for the new ships is modest, and the agreement is not anticipated to materially impact near-term leverage or cash flow, ensuring the company maintains financial stability while expanding its fleet.
- Sustainability Commitment: The new ships are designed to accommodate green methanol as a future fuel source, reflecting the company's strategic direction towards environmental sustainability and aligning with industry trends.
See More
Norwegian Cruise Line Shares Surge 12.07% Following Activist Stake Disclosure
- Significant Stock Surge: Norwegian Cruise Line (NCLH) shares rose 12.15% to $24.10 at Tuesday's close, primarily driven by Elliott Investment Management's disclosure of a stake exceeding 10%, indicating market anticipation for governance and strategic changes.
- Volume Spike: Trading volume reached 59.6 million shares, approximately 219% above the three-month average, reflecting strong investor interest in the company's future, which could lead to more aggressive market performance.
- Industry Comparison: Despite the cruise industry's recovery over the past three years, Norwegian has only achieved a 6% annualized total return, significantly lagging behind Carnival's 40% and Royal Caribbean's 64%, highlighting its competitive disadvantages and urgent need for cost structure improvements.
- Call for Governance Change: Elliott noted that NCL's SG&A expenses have grown nearly three times faster than its peers since 2013, emphasizing the necessity for a leadership and board shake-up to restore the company's competitive edge in the market.
See More
Analysis and Outlook: Saved by the Bell
- Nasdaq Performance: The Nasdaq Composite ended its four-day losing streak today.
- Impact of AI Concerns: Despite the positive performance, concerns regarding AI continued to affect software stocks.
See More
Norwegian Cruise Line Shares Surge as Activist Investor Discloses 10% Stake
- Stock Surge: Norwegian Cruise Line (NCLH) shares rose 12.6% on Tuesday to $24.09, reflecting investor optimism following the involvement of activist investor Elliott Management, which disclosed a significant stake in the company.
- Activist Investor Involvement: Elliott Management revealed a 10% stake in Norwegian and published a presentation asserting that the stock could reach $56 per share, indicating a potential upside of 159% from the previous day's price, highlighting significant growth potential.
- Management Critique: In its letter, Elliott criticized Norwegian's management and Board for substantial deficiencies in unit revenues, costs, and margins compared to peers, resulting in a notably lower enterprise value-to-EBITDA ratio, which raises concerns about governance and performance.
- CEO Change: Norwegian recently appointed John W. Chidsey, former CEO of Subway and Burger King, as the new CEO, replacing Harry Sommer, which may signal a shift in strategy; however, it remains uncertain whether Elliott will support Chidsey or push for further changes.
See More
Wall Street Opens Under AI Disruption Fears
- Tech Stocks Decline: The iShares Expanded Tech-Software Sector ETF (NYSE:IGV) fell over 2.7% in midday New York trading, marking its 11th decline in the past 15 sessions and pushing year-to-date losses to nearly 25%, reflecting ongoing investor concerns over potential AI-driven market disruptions.
- Nasdaq Underperformance: While broader equity indices were largely flat, the tech-heavy Nasdaq 100 slipped 0.3%, indicating a lack of confidence in the tech sector that may influence future investment decisions.
- Airline Stocks Rally: Airbnb Inc. (NASDAQ:ABNB) added 3.7%, extending last week's post-earnings momentum, while Southwest Airlines Co. (NYSE:LUV) jumped over 6% following analyst upgrades, suggesting a positive outlook for the airline industry's recovery.
- Commodity Market Decline: Following Iran's foreign minister's statement on reaching key principles with the U.S., crude oil fell 1.3% to $62 per barrel, while gold and silver dropped 2.5% and nearly 6%, respectively, indicating market reactions to geopolitical risks.
See More
