Notable Call Options Activity in Royal Caribbean Cruises
By Michael J. Zerinskas
October 27, 2011 10:08 AM
October 27, 2011 10:08 AM
Shares of Royal Caribbean Cruises (NYSE: RCL) are higher on the session by 1.28%, currently trading at $29.28. The stock has been moving largely higher over the past three weeks and is currently trading above the 50-day moving average.
Options traders are focusing on calls today. A short while ago the December 2011 $30.00 call traded 4,600 times on open interest of 855 contracts. The Nov2011 $24.00 call also traded 4,500 times on 4,769 contracts. This appears to be a roll.
Calls are outpacing puts today by 44 to 1.
Royal Caribbean Cruises Ltd. is a cruise company. As of December 31, 2010, the company operated 40 ships in the cruise vacation industry with approximately 92,300 berths.
(c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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