The at-the-money implied volatility for Royal Caribbean Group (RCL) options expiring Nov 20, 2026 (7 DTE) is 38.7%.
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Implied Volatility Stats
Showing results for 2026-11-20(m), calls & puts
| Expiration Date | Avg IV |
|---|---|
| 2026-11-20(m) calls | 39.47% |
| 2026-11-20(m) puts | 38.66% |
RCL Volatility Skew FAQ
What is volatility skew?
Volatility skew is the difference in implied volatility between options at different strike prices. A steeper skew means traders are paying more for options on one side, usually downside puts used as protection.
What is RCL's one-year implied volatility range?
Over the past year, Royal Caribbean 30-day implied volatility ranged from 35.1% on Dec 23, 2025 to 65.5% on Mar 12, 2026.
How has RCL implied volatility changed recently?
Royal Caribbean 30-day implied volatility went from 48.1% on Oct 15, 2026 to 38.8% on Nov 12, 2026. See the RCL implied volatility history for a longer view.
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.