Market Whales and Their Recent Bets on RCL Options – Royal Caribbean Group (NYSE:RCL)

High-rolling investors have positioned themselves bearish on Royal Caribbean Group (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 22 options trades for Royal Caribbean Group. This is not a typical pattern.

The sentiment among these major traders is split, with 22% bullish and 63% bearish. Among all the options we identified, there was one put, amounting to $37,270, and 21 calls, totaling $1,578,785.

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 $280.0 and $500.0 for Royal Caribbean Group, spanning the last three months.

Volume & Open Interest Trends

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 Group’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 Group’s significant trades, within a strike price range of $280.0 to $500.0, over the past month.

Royal Caribbean Group Call and Put Volume: 30-Day Overview