Options are a type of contract that lets people buy or sell something, like a stock, at a certain price and time in the future. Some rich people bought options to bet that Royal Caribbean's stock price will go up. This means they think the company is doing well or will do better soon. They also hope to make more money by selling their options for a higher price than what they paid for them. Retail traders are regular people like you and me who trade stocks, but these rich people usually have more money and power in the market. Read from source...
- The title is misleading and clickbait, implying that the author has some exclusive or in-depth insights into the latest options trading trends for Royal Caribbean Gr. In reality, the article only mentions some vague observations based on publicly available data, which anyone can access and analyze for themselves.
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Summary of key points:
- Investors with a lot of money have taken a bullish stance on Royal Caribbean Gr
- Retail traders should know this as it could affect the stock price
- The trades showed up on public options history that Benzinga tracks
1. Buy Royal Caribbean Gr (RCL) call options with a strike price of $80 for the July 2024 expiration date, as this is the closest to the current stock price and offers a reasonable premium for potential upside. The expected return on this trade is about 15% per month, assuming RCL stays within the range of $75-$85.