Financial giants have made a conspicuous bullish move on Royal Caribbean Gr. Our analysis of options history for Royal Caribbean Gr RCL revealed 10 unusual trades.
Delving into the details, we found 60% of traders were bullish, while 40% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $564,849, and 3 were calls, valued at $1,428,100.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $65.0 and $125.0 for Royal Caribbean Gr, spanning the last three months.
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 $65.0 to $125.0, over the past month.
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 | CALL | TRADE | BULLISH | 01/16/26 | $65.00 | $1.3M | 210 | 200 |
| RCL | PUT | TRADE | BEARISH | 04/19/24 | $100.00 | $188.0K | 960 | 1.0K |
| RCL | PUT | TRADE | BULLISH | 04/19/24 | $120.00 | $93.7K | 1.0K | 133 |
| RCL | PUT | TRADE | NEUTRAL | 01/17/25 | $92.50 | $82.6K | 247 | 140 |
| RCL | PUT | SWEEP | BULLISH | 02/16/24 | $125.00 | $60.3K | 202 | 91 |
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.
Where Is Royal Caribbean Gr Standing Right Now?
- With a trading volume of 673,417, the price of RCL is down by -1.24%, reaching $122.58.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 28 days from now.
Professional Analyst Ratings for Royal Caribbean Gr
Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $148.5.
- Consistent in their evaluation, an analyst from Argus Research keeps a Buy rating on Royal Caribbean Gr with a target price of $142.
- An analyst from Tigress Financial persists with their Buy rating on Royal Caribbean Gr, maintaining a target price of $155.
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.
© 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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