Decoding Royal Caribbean Gr's Options Activity: What's the Big Picture?

Whales with a lot of money to spend have taken a noticeably bearish stance on Royal Caribbean Gr.

Looking at options history for Royal Caribbean Gr RCL we detected 13 trades.

If we consider the specifics of each trade, it is accurate to state that 23% of the investors opened trades with bullish expectations and 76% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $62,946 and 11, calls, for a total amount of $515,164.

Latest Startup Investment Opportunities:

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $77.5 to $160.0 for Royal Caribbean Gr over the last 3 months.

Volume & Open Interest Development

In today's trading context, the average open interest for options of Royal Caribbean Gr stands at 870.5, with a total volume reaching 311.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Royal Caribbean Gr, situated within the strike price corridor from $77.5 to $160.0, throughout the last 30 days.

Royal Caribbean Gr Call and Put Volume: 30-Day Overview

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
RCL CALL TRADE NEUTRAL 04/19/24 $23.0 $22.3 $22.69 $115.00 $104.3K 1.1K 46
RCL CALL SWEEP NEUTRAL 04/19/24 $19.45 $19.05 $19.05 $120.00 $62.8K 2.8K 33
RCL CALL TRADE BULLISH 08/15/25 $63.25 $61.85 $62.75 $85.00 $62.7K 60 46
RCL CALL TRADE BULLISH 08/15/25 $61.8 $60.05 $61.8 $85.00 $61.8K 60 0
RCL CALL TRADE BEARISH 01/16/26 $71.8 $70.55 $70.55 $77.50 $35.2K 31 5

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 8 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?

  • Trading volume stands at 579,610, with RCL's price down by -0.18%, positioned at $137.2.
  • RSI indicators show the stock to be may be approaching overbought.
  • Earnings announcement expected in 29 days.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Royal Caribbean Gr options trades with real-time alerts from Benzinga Pro.

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RCLRoyal Caribbean Group
$276.501.88%

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