27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
Financial giants have made a conspicuous bearish move on Royal Caribbean Gr. Our analysis of options history for Royal Caribbean Gr (NYSE:RCL) revealed 9 unusual trades.
Delving into the details, we found 33% of traders were bullish, while 55% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $215,819, and 5 were calls, valued at $358,135.
What's The Price Target?
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $110.0 to $145.0 for Royal Caribbean Gr during the past quarter.
Volume & Open Interest Development
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Royal Caribbean Gr's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Royal Caribbean Gr's significant trades, within a strike price range of $110.0 to $145.0, over the past month.
Royal Caribbean Gr Call and Put Volume: 30-Day Overview
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RCL | CALL | TRADE | BEARISH | 05/24/24 | $27.5 | $25.8 | $25.8 | $110.00 | $103.2K | 48 | 40 |
| RCL | PUT | SWEEP | BULLISH | 06/20/25 | $23.85 | $23.0 | $23.0 | $145.00 | $99.0K | 148 | 51 |
| RCL | CALL | TRADE | BULLISH | 05/03/24 | $16.5 | $16.05 | $16.35 | $120.00 | $98.1K | 293 | 60 |
| RCL | CALL | SWEEP | NEUTRAL | 06/20/25 | $21.1 | $19.9 | $21.1 | $145.00 | $75.9K | 135 | 54 |
| RCL | CALL | TRADE | BEARISH | 06/21/24 | $5.55 | $5.5 | $5.5 | $140.00 | $55.0K | 5.7K | 169 |
About Royal Caribbean Gr
Royal Caribbean is the world's second-largest cruise company, operating 65 ships across five global and partner brands in the cruise vacation industry, with eight more ships on order. Brands the company operates include Royal Caribbean International, Celebrity Cruises, and Silversea. The company also has a 50% investment in a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. The selection of brands in the portfolio allows Royal to compete on the basis of innovation, quality of ships and service, variety of itineraries, choice of destinations, and price. The company completed the divestiture of its Azamara brand in the first quarter of 2021.
Having examined the options trading patterns of Royal Caribbean Gr, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Royal Caribbean Gr's Current Market Status
- With a volume of 1,521,655, the price of RCL is down -2.31% at $136.4.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 85 days.
What The Experts Say On Royal Caribbean Gr
In the last month, 5 experts released ratings on this stock with an average target price of $162.2.
- Maintaining their stance, an analyst from Susquehanna continues to hold a Positive rating for Royal Caribbean Gr, targeting a price of $160.
- Consistent in their evaluation, an analyst from Mizuho keeps a Buy rating on Royal Caribbean Gr with a target price of $168.
- An analyst from Barclays has decided to maintain their Overweight rating on Royal Caribbean Gr, which currently sits at a price target of $154.
- Reflecting concerns, an analyst from Mizuho lowers its rating to Buy with a new price target of $164.
- Maintaining their stance, an analyst from Barclays continues to hold a Overweight rating for Royal Caribbean Gr, targeting a price of $165.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Royal Caribbean Gr with Benzinga Pro for real-time alerts.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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