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 9 trades.
If we consider the specifics of each trade, it is accurate to state that 22% of the investors opened trades with bullish expectations and 77% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $874,845 and 5, calls, for a total amount of $172,098.
Predicted Price Range
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $62.5 to $125.0 for Royal Caribbean Gr during the past quarter.
Volume & Open Interest Trends
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 $62.5 to $125.0, over the past month.
Royal Caribbean Gr Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| RCL | PUT | TRADE | BULLISH | 06/21/24 | $105.00 | $756.2K | 625 | 0 |
| RCL | CALL | TRADE | BEARISH | 03/15/24 | $70.00 | $50.1K | 57 | 20 |
| RCL | PUT | SWEEP | BEARISH | 01/17/25 | $115.00 | $48.4K | 188 | 35 |
| RCL | PUT | SWEEP | BEARISH | 02/16/24 | $110.00 | $44.2K | 145 | 115 |
| RCL | CALL | SWEEP | BEARISH | 06/20/25 | $120.00 | $35.6K | 56 | 19 |
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, allowing it 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.
Following our analysis of the options activities associated with Royal Caribbean Gr, we pivot to a closer look at the company's own performance.
Current Position of Royal Caribbean Gr
- With a trading volume of 1,026,723, the price of RCL is down by -0.08%, reaching $118.08.
- Current RSI values indicate that the stock is may be overbought.
- Next earnings report is scheduled for 61 days from now.
Professional Analyst Ratings for Royal Caribbean Gr
3 market experts have recently issued ratings for this stock, with a consensus target price of $131.66666666666666.
- An analyst from Truist Securities downgraded its action to Buy with a price target of $134.
- An analyst from Truist Securities persists with their Buy rating on Royal Caribbean Gr, maintaining a target price of $134.
- An analyst from Citigroup has revised its rating downward to Buy, adjusting the price target to $127.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Royal Caribbean Gr, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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