File: NCLHConsumer Discretionary · Mid capCLIPPED · 2026-11-05

NCLHNorwegian Cruise Line Holdings

Mkt cap $9B
Sector benchmark XLY

17.76

−4.5%

±3.4%into Nov 617.16–18.36±8.7%monthly16.22–19.30Pullback · —Knife · TurnedMomentum · —DP short-vol · 48% ▴ above 20d

Price · 6 months · dailyprice50-day200-day

Option levels

6m high21.92

6m low14.12

Vol vs 20d avg1.3×

Off 52-wk high-29.0%

NCLH dark pool FINRA · T+1

Short-vol ratio48% · above 20d

Off-exchange share44%

vs own 1-yr (z)-1.4

full dark-pool history →

NCLH sector RS vs XLY

−6.0%vs XLY · 63 sessions

NCLH vs XLY · 3m−6.0%

NCLH vs XLY · 6m+5.1%

ratio of closes, rebased — a relative read, not a peer percentile

NCLH gamma profile CBOE delayed

Call wall18.00

Zero-gamma15.75

Put wall18.00

Spot vs zero-γ12.8% above

Dealer posturelong gamma · dampens moves

nearest expiry 2026-11-06 · as of 2026-11-05 · heuristics · full profile →

NCLH fundamentals SEC filings · TTM

P/Etrailing9.8x

P/Elast FY20x

P/E3-yr median17x

EPStrailing$1.81

EPSFY to Dec 2025$0.89

Revenue$10.2B · +5%

Income$832.9M · +26%

Margin13.8%

10-Q · filed 29 Oct 2026 · as of 2026-11-05

NCLH earnings reactions two-session move

9.7%typical move

Feb 2024 → Oct 2026

Revenue and profit by quarter

PriceRevenueProfitLoss

$2.9B

FY24 Q1

FY24 Q3

FY25 Q1

FY25 Q3

FY26 Q1

FY26 Q3

P/E history

PriceP/E3-yr median

NCLH dividends per share · Yahoo · SEC

No dividend.

NCLH gamma history nightly

25 Sep → 5 Nov · full history →

NCLH session over session 4 Nov → 5 Nov

Expected move · monthly 20 Nov8.67%+0.18 pp

Put wall moved20.00 → 17.00

full listed chain, a separate capture from the gamma panel · CBOE delayed

Auto-note //Holding above zero-gamma (15.75) — dealer hedging dampens moves above it. The 18.00 call wall is the nearest-expiry ceiling heuristic; 18.00 is the floor. Options price ±3.4% into Nov 6. Dark-pool short volume at 48% and above vs its 20-day. The falling-knife screen has it turned after a 38% sell-off.

Composed from the nightly pipelines — every panel degrades independently when its dataset is missing. Heuristics labeled as heuristics; not investment advice.