A Closer Look at Royal Caribbean Gr's Options Market Dynamics

High-rolling investors have positioned themselves bullish on Royal Caribbean Gr RCL, and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in RCL often signals that someone has privileged information.

Today, Benzinga's options scanner spotted 12 options trades for Royal Caribbean Gr. This is not a typical pattern.

The sentiment among these major traders is split, with 58% bullish and 41% bearish. Among all the options we identified, there was one put, amounting to $46,005, and 11 calls, totaling $657,349.

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Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $70.0 to $126.0 for Royal Caribbean Gr over the recent three months.

Analyzing Volume & Open Interest

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Royal Caribbean Gr's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Royal Caribbean Gr's substantial trades, within a strike price spectrum from $70.0 to $126.0 over the preceding 30 days.

Royal Caribbean Gr 30-Day Option Volume & Interest Snapshot

Largest Options Trades Observed:

About Royal Caribbean Gr

Royal Caribbean is the world's second-largest cruise company, operating 64 ships across five global and partner brands in the cruise vacation industry, with 10 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.

After a thorough review of the options trading surrounding Royal Caribbean Gr, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Where Is Royal Caribbean Gr Standing Right Now?

• With a trading volume of 516,816, the price of RCL is up by 0.57%, reaching $126.0.
• Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
• Next earnings report is scheduled for 13 days from now.

Professional Analyst Ratings for Royal Caribbean Gr

A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $146.66666666666666.

• Consistent in their evaluation, an analyst from Tigress Financial keeps a Buy rating on Royal Caribbean Gr with a target price of $155.
• An analyst from Argus Research has decided to maintain their Buy rating on Royal Caribbean Gr, which currently sits at a price target of $142.
• Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on Royal Caribbean Gr with a target price of $143.

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.