Unpacking the Latest Options Trading Trends in Royal Caribbean Gr

www.benzinga.com 03-06-2024 08:15 1 Minutes reading Neutral -0.18
Investors with a lot of money to spend have taken a bullish stance on Royal Caribbean Gr (NYSE:RCL).And retail traders should know.We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with RCL, it often means somebody knows something is about to happen.So how do we know what these investors just did? Today, Benzinga's options scanner spotted 13 uncommon options trades for Royal Caribbean Gr.This isn't normal.The overall sentiment of these big-money traders is split between 53% bullish and 30%, bearish.Out of all of the special options we uncovered, 3 are puts, for a total amount of $87,606, and 10 are calls, for a total amount of $700,284.Predicted Price RangeAfter evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $130.0 and $150.0 for Royal Caribbean Gr, spanning the last three months.Analyzing Volume & Open InterestLooking at the volume and open interest is an insightful way to conduct due diligence on a stock.This data can ...Full story available on Benzinga.com

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