Deep-pocketed investors have adopted a bullish approach towards Royal Caribbean Gr RCL, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in RCL usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for Royal Caribbean Gr. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 37% leaning bullish and 12% bearish. Among these notable options, 3 are puts, totaling $88,892, and 5 are calls, amounting to $371,354.
Predicted Price Range
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $105.0 and $160.0 for Royal Caribbean Gr, spanning the last three months.
Volume & Open Interest Development
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Royal Caribbean Gr's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Royal Caribbean Gr's whale activity within a strike price range from $105.0 to $160.0 in 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 | SWEEP | NEUTRAL | 09/20/24 | $21.4 | $21.0 | $21.2 | $125.00 | $190.7K | 185 | 90 |
| RCL | CALL | SWEEP | BEARISH | 09/20/24 | $24.6 | $23.55 | $23.77 | $120.00 | $95.2K | 256 | 40 |
| RCL | CALL | TRADE | NEUTRAL | 06/21/24 | $34.25 | $32.4 | $33.27 | $105.00 | $33.2K | 653 | 10 |
| RCL | PUT | SWEEP | NEUTRAL | 05/17/24 | $6.55 | $6.35 | $6.45 | $136.00 | $32.2K | 0 | 11 |
| RCL | PUT | SWEEP | BULLISH | 09/20/24 | $11.0 | $10.8 | $10.8 | $135.00 | $30.2K | 568 | 90 |
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.
Having examined the options trading patterns of Royal Caribbean Gr, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Where Is Royal Caribbean Gr Standing Right Now?
- With a volume of 1,747,649, the price of RCL is up 3.99% at $137.25.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 2 days.
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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