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 10 trades.
If we consider the specifics of each trade, it is accurate to state that 40% of the investors opened trades with bullish expectations and 60% with bearish.
From the overall spotted trades, 6 are puts, for a total amount of $1,839,548 and 4, calls, for a total amount of $235,419.
Expected Price Movements
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $35.0 to $160.0 for Royal Caribbean Gr over the last 3 months.
Volume & Open Interest Development
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 $35.0 to $160.0 over the preceding 30 days.
Royal Caribbean Gr Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| RCL | PUT | TRADE | BEARISH | 01/17/25 | $130.00 | $1.5M | 1.0K | 742 |
| RCL | PUT | TRADE | BULLISH | 01/17/25 | $130.00 | $93.8K | 1.0K | 42 |
| RCL | CALL | TRADE | BEARISH | 01/19/24 | $35.00 | $81.0K | 592 | 10 |
| RCL | CALL | TRADE | NEUTRAL | 03/15/24 | $90.00 | $70.0K | 365 | 0 |
| RCL | CALL | SWEEP | NEUTRAL | 01/17/25 | $160.00 | $57.6K | 298 | 0 |
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.
In light of the recent options history for Royal Caribbean Gr, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Where Is Royal Caribbean Gr Standing Right Now?
- With a volume of 2,069,454, the price of RCL is down -2.22% at $117.47.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 34 days.
Professional Analyst Ratings for Royal Caribbean Gr
In the last month, 2 experts released ratings on this stock with an average target price of $148.5.
- Maintaining their stance, an analyst from Argus Research continues to hold a Buy rating for Royal Caribbean Gr, targeting a price of $142.
- An analyst from Tigress Financial persists with their Buy rating on Royal Caribbean Gr, maintaining a target price of $155.
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.
© 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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