RCL Option Overview

Royal Caribbean Group (RCL) options traded 7.42K contracts on Nov 13, 2026, below the 20-day average of 9.3K. The put-call ratio was 0.47, signaling bullish options sentiment. 30-day implied volatility was 38.4%, with an IV rank of 11, near the bottom of its one-year range.

About RCL

Royal Caribbean is the world's second-largest cruise company by revenue, operating 71 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% investmen...
Employees
108.0K
Headquarters
Miami, FL
IPO Date
1993
Market Cap
$86.12B
Price-Earnings Ratio
18.92
Dividend Yield
1.69%
Average Volume
2.15M
High Today
$324.73
Low Today
$317.93
Open Price
$323.02
Volume
969.29K
52 Week High
$356.39
52 Week Low
$222.22

Implied Volatility

Implied Volatility (30d)
38.42%
IV Rank
11.02%
IV Percentile
21.51%
Historical Volatility
40.62%
IV Low
35.07% on 12/23/25
IV High
65.47% on 03/12/26

Open Interest

Today's Open Interest
125,893
Put-Call Ratio
1.62
Put Open Interest
77,768
Call Open Interest
48,125
Open Interest Avg (30-day)
113,615
Today vs Open Interest Avg (30-day)
110.81%

Option Volume

Today's Volume
7,418
Put-Call Ratio
0.47
Put Volume
2,385
Call Volume
5,033
Volume Avg (30-day)
8,741
Today vs Volume Avg (30-day)
84.86%

Option Chain Statistics

This table provides a comprehensive overview of all RCL options grouped by their expiration dates.

Expiration Volume
Total		 Volume
Put-Call Ratio		 OI
Total		 OI
Put-Call Ratio		 IV Expected Move Max Pain (vs cur)
Nov 13, 2026 0 DTE weekly11/13/26 (w) 0 DTE 484 0.4 4,573 0.77 794.6% ±2.96 (0.92%) 317.50 -0.83%
Nov 20, 2026 7 DTE monthly11/20/26 (m) 7 DTE 893 0.73 17,751 0.76 38.69% ±13.14 (4.1%) 270.00 -15.67%
Nov 27, 2026 14 DTE weekly11/27/26 (w) 14 DTE 201 0.57 1,576 0.98 36.98% ±17.80 (5.56%) 285.00 -10.98%
Dec 04, 2026 21 DTE weekly12/4/26 (w) 21 DTE 9 1.25 1,165 0.73 37.3% ±21.17 (6.61%) 315.00 -1.61%
Dec 11, 2026 28 DTE weekly12/11/26 (w) 28 DTE 96 0.25 790 0.27 38.61% ±25.59 (7.99%) 290.00 -9.42%
Dec 18, 2026 35 DTE monthly12/18/26 (m) 35 DTE 5,150 0.34 19,738 2.23 37.94% ±26.28 (8.21%) 300.00 -6.30%
Dec 24, 2026 41 DTE weekly12/24/26 (w) 41 DTE 8 0.6 78 0.66 37.8% ±30.48 (9.52%) 300.00 -6.30%
Dec 31, 2026 48 DTE weekly12/31/26 (w) 48 DTE 17 1.83 10 2.33 37.84% ±32.89 (10.27%) 300.00 -6.30%
Jan 15, 2027 63 DTE monthly1/15/27 (m) 63 DTE 363 5.6 29,003 1.18 38.31% ±36.46 (11.39%) 260.00 -18.79%
Mar 19, 2027 126 DTE monthly3/19/27 (m) 126 DTE 55 2.67 25,895 7.5 41.02% ±56.64 (17.69%) 300.00 -6.30%
Jun 17, 2027 216 DTE weekly6/17/27 (w) 216 DTE 33 1.2 10,652 1.71 41.26% ±75.88 (23.7%) 290.00 -9.42%
Sep 17, 2027 308 DTE monthly9/17/27 (m) 308 DTE 19 0.9 4,586 1.42 41.73% ±92.15 (28.78%) 270.00 -15.67%
Dec 17, 2027 399 DTE monthly12/17/27 (m) 399 DTE 73 ∞ 947 1.78 42.07% ±105.58 (32.98%) 330.00 +3.07%
Jan 21, 2028 434 DTE monthly1/21/28 (m) 434 DTE 15 0.07 8,345 1.03 41.53% ±108.78 (33.98%) 250.00 -21.92%
Jan 19, 2029 798 DTE monthly1/19/29 (m) 798 DTE 2 0.0 784 0.4 43.24% ±151.00 (47.16%) 185.00 -42.22%
Totals 7,418 0.47 125,893 1.62

RCL Options FAQ

How actively are RCL options traded?

2.36K calls and 3.22K puts traded on Nov 12, 2026, 5.57K contracts in total. Over the past 30 days, volume averaged 8.74K contracts per day. The RCL option volume chart shows volume by strike and expiration date.

Is RCL implied volatility high right now?

Royal Caribbean IV rank is 12, so its 30-day implied volatility of 38.8% is near the bottom of its one-year range. Over the past year it ranged from 35.1% on Dec 23, 2025 to 65.5% on Mar 12, 2026. See the RCL implied volatility history for a longer view.

What is the RCL put/call ratio?

The Royal Caribbean put/call volume ratio was 1.37 on Nov 12, 2026, which signals bearish sentiment. The RCL open interest chart shows calls and puts at each strike.

What is RCL max pain this week?

As of the Nov 12, 2026 close, max pain for Royal Caribbean options about one week from expiration was $276.79, 14.0% below the $321.99 close. The RCL max pain chart shows it for every expiration date.

What is RCL's expected move over the next week?

Based on 7-day implied volatility of 41.4%, options price a move of about ±$18.45 (±5.7%) over the next week, a range of roughly $303.54 to $340.44 from the Nov 12, 2026 close. The RCL expected move chart shows it for every expiration date.

What is Royal Caribbean Group?

Royal Caribbean is the world's second-largest cruise company by revenue, operating 71 ships across five global and partner brands in the cruise vacation industry.

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