A whale with a lot of money to spend has taken a noticeably bearish stance on Royal Caribbean Gr.
Looking at options history for Royal Caribbean Gr RCL we detected 16 strange trades.
If we consider the specifics of each trade, it is accurate to state that 18% of the investors opened trades with bullish expectations and 81% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $213,695 and 13, calls, for a total amount of $790,328.
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 $40.0 to $130.0 for Royal Caribbean Gr over the last 3 months.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for Royal Caribbean Gr options trades today is 699.38 with a total volume of 1,055.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Royal Caribbean Gr's big money trades within a strike price range of $40.0 to $130.0 over the last 30 days.
Royal Caribbean Gr Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| RCL | PUT | SWEEP | BEARISH | 06/21/24 | $125.00 | $148.1K | 95 | 66 |
| RCL | CALL | SWEEP | BEARISH | 07/28/23 | $100.00 | $105.5K | 1.3K | 97 |
| RCL | CALL | TRADE | BULLISH | 01/19/24 | $90.00 | $98.5K | 1.4K | 38 |
| RCL | CALL | SWEEP | NEUTRAL | 01/19/24 | $50.00 | $81.3K | 919 | 0 |
| RCL | CALL | TRADE | BEARISH | 07/28/23 | $103.00 | $80.0K | 406 | 24 |
Where Is Royal Caribbean Gr Standing Right Now?
- With a volume of 924,900, the price of RCL is up 1.48% at $111.31.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 97 days.
What The Experts Say On Royal Caribbean Gr:
- Truist Securities has decided to maintain their Hold rating on Royal Caribbean Gr, which currently sits at a price target of $115.
- Barclays has decided to maintain their Overweight rating on Royal Caribbean Gr, which currently sits at a price target of $113.
- Barclays has decided to maintain their Overweight rating on Royal Caribbean Gr, which currently sits at a price target of $132.
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.
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