High-rolling investors have positioned themselves bearish on Royal Caribbean Gr (NYSE:RCL), and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in RCL often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 12 options trades for Royal Caribbean Gr. This is not a typical pattern.
The sentiment among these major traders is split, with 8% bullish and 33% bearish. Among all the options we identified, there was one put, amounting to $242,889, and 11 calls, totaling $889,036.
Projected Price Targets
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $50.0 and $280.0 for Royal Caribbean Gr, spanning the last three months.
Volume & Open Interest Trends
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 $50.0 to $280.0 over the preceding 30 days.
Royal Caribbean Gr Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RCL | PUT | SWEEP | BEARISH | 03/21/25 | $26.5 | $26.4 | $26.4 | $250.00 | $242.8K | 357 | 92 |
| RCL | CALL | SWEEP | BEARISH | 01/17/25 | $159.3 | $156.75 | $157.44 | $75.00 | $157.6K | 10 | 10 |
| RCL | CALL | SWEEP | NEUTRAL | 01/17/25 | $169.25 | $166.1 | $167.64 | $65.00 | $134.0K | 16 | 8 |
| RCL | CALL | TRADE | BULLISH | 01/17/25 | $51.15 | $50.1 | $51.15 | $185.00 | $112.5K | 221 | 0 |
| RCL | CALL | TRADE | NEUTRAL | 01/17/25 | $163.7 | $160.8 | $162.31 | $70.00 | $97.3K | 200 | 20 |
About Royal Caribbean Gr
Royal Caribbean is the world's second-largest cruise company, operating 68 ships across five global and partner brands in the cruise vacation industry. 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 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
Royal Caribbean Gr's Current Market Status With a trading volume of 342,152, the price of RCL is down by -2.26%, reaching $231.84. Current RSI values indicate that the stock is is currently neutral between overbought and oversold. Next earnings report is scheduled for 34 days from now. What The Experts Say On Royal Caribbean Gr
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $285.4.
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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * Maintaining their stance, an analyst from Truist Securities continues to hold a Buy rating for Royal Caribbean Gr, targeting a price of $272. * An analyst from Stifel persists with their Buy rating on Royal Caribbean Gr, maintaining a target price of $310. * Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on Royal Caribbean Gr with a target price of $287. * Consistent in their evaluation, an analyst from Goldman Sachs keeps a Buy rating on Royal Caribbean Gr with a target price of $275. * Consistent in their evaluation, an analyst from Citigroup keeps a Buy rating on Royal Caribbean Gr with a target price of $283.
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.
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