Royal Caribbean Cruises (RCL) Options Chain

NYSE: RCLConsumer DiscretionaryMarine TransportationUSD

281.41-0.91 (-0.32%)

At close: Oct 8, 4:03 PM ET · Delayed 15 min

Expiration date

Expiration: Oct 9, 2026
Days to expiration: 1
Share price: $281.41
Put/call ratio (OI): 1.16
Put/call ratio (volume): 0.51
ATM implied volatility: 61.5%
Expected move: ±$9.07
Open interest (C / P): 1.95K / 2.27K

RCL options summary

The RCL options chain for the October 9, 2026 expiration lists 39 call and 42 put contracts, with 1 day until expiration. Open interest stands at 1,949 calls and 2,270 puts, a put/call ratio of 1.16, which is fairly balanced between calls and puts. At-the-money implied volatility near the $282.50 strike is 61.5%, which implies the market expects a move of about ±$9.07 (3.2%) in Royal Caribbean Cruises stock by expiration.

The most open interest sits at the $257.50 call (255 contracts) and the $240.00 put (402 contracts).

Summary generated from market data by MetaCap's automated system. Methodology

RCL options chain · October 9, 2026

RCL calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
—	—	—	—	—	—	180.00	0.00	2.15	0.63	502.1%	—	6
1	—	298.4%	75.30	94.80	98.10	185.00	0.00	2.15	0.70	476.0%	—	6
2	—	481.9%	78.10	89.80	92.90	190.00	0.00	2.15	0.10	450.2%	4	6
—	—	—	—	—	—	195.00	0.00	2.15	1.65	425.2%	—	2
—	—	—	—	—	—	200.00	0.00	2.15	1.95	400.6%	2	6
—	—	—	—	—	—	202.50	0.00	2.15	0.60	388.4%	10	10
—	—	—	—	—	—	205.00	0.00	2.15	1.20	376.4%	11	17
—	—	—	—	—	—	207.50	0.00	2.15	1.36	364.4%	—	9
5	5	250.0%	65.61	69.80	73.30	210.00	0.00	2.15	0.71	352.6%	1	25
6	—	232.0%	21.17	64.80	68.30	215.00	0.00	2.15	0.35	329.3%	6	42
—	—	—	—	—	—	217.50	0.00	0.30	0.40	225.4%	1	1
2	1	232.4%	68.00	60.00	63.30	220.00	0.00	2.15	0.05	306.3%	2	49
2	1	176.6%	66.00	57.30	60.60	222.50	0.00	2.15	0.05	294.9%	11	68
13	7	306.3%	50.38	54.80	57.90	225.00	0.00	1.20	0.75	251.0%	2	37
3	2	188.7%	34.35	52.30	55.80	227.50	0.00	2.15	0.05	272.4%	3	28
13	2	153.9%	20.37	49.80	53.10	230.00	0.00	2.15	0.05	261.1%	6	49
8	2	146.1%	29.60	47.30	50.60	232.50	0.00	2.15	0.04	250.0%	1	18
18	21	263.6%	36.04	44.80	48.00	235.00	0.00	2.15	0.05	239.0%	2	72
8	1	155.1%	41.30	42.30	45.80	237.50	0.00	1.15	0.08	198.3%	2	32
59	13	146.9%	35.54	39.80	43.30	240.00	0.00	0.05	0.14	118.0%	10	402
12	5	130.1%	39.10	37.40	40.60	242.50	0.00	1.15	0.15	178.4%	41	74
53	5	130.5%	42.10	34.80	38.30	245.00	0.00	1.15	0.05	168.5%	1	30
78	1	122.3%	39.32	32.30	35.80	247.50	0.00	2.15	0.05	183.9%	2	34
99	5	95.3%	33.15	29.90	33.00	250.00	0.00	0.30	0.04	115.2%	55	210
141	4	181.2%	34.32	27.30	30.50	252.50	0.00	2.15	0.25	161.9%	7	31
22	5	107.2%	28.70	24.90	28.40	255.00	0.00	0.10	0.13	83.6%	25	57
255	2	83.2%	15.80	22.40	25.60	257.50	0.00	1.85	0.20	134.1%	1	66
104	17	99.2%	24.48	20.50	23.10	260.00	0.00	0.75	0.05	98.3%	2	87
22	8	67.6%	20.37	17.40	20.60	262.50	0.00	1.95	0.37	114.0%	5	21
63	13	84.7%	17.39	15.60	18.20	265.00	0.05	0.60	0.32	76.8%	1	93
62	1	74.6%	14.91	13.00	15.80	267.50	0.00	1.70	0.20	87.5%	43	67
96	13	67.9%	13.40	10.80	13.20	270.00	0.00	1.40	0.29	71.5%	5	76
49	26	60.0%	7.68	8.50	10.70	272.50	0.05	2.60	0.55	76.5%	7	43
92	40	61.4%	7.22	6.30	9.00	275.00	0.35	1.60	1.10	55.3%	80	83
28	2	56.2%	11.00	4.30	6.90	277.50	0.55	3.00	0.83	57.9%	112	82
88	103	57.1%	3.70	2.95	4.10	280.00	1.15	3.30	2.58	67.7%	101	254
RCL $281.41
47	350	52.9%	2.40	1.90	3.30	282.50	1.95	4.70	2.85	70.2%	16	26
117	329	66.6%	1.80	0.55	2.40	285.00	3.40	6.70	3.90	79.3%	11	26
33	8	55.9%	1.45	0.45	1.80	287.50	—	—	—	—	—	—
104	3	51.1%	0.92	0.15	0.85	290.00	7.60	10.20	9.50	79.0%	8	25
56	21	61.8%	0.25	0.10	0.50	295.00	12.20	14.90	26.40	94.9%	—	0
124	137	60.5%	0.09	0.05	0.10	300.00	17.00	20.10	36.70	121.2%	3	0
38	14	90.2%	0.48	0.00	0.50	305.00	—	—	—	—	—	—
19	2	145.0%	0.32	0.00	2.15	310.00	—	—	—	—	—	—
5	2	161.9%	0.20	0.00	2.15	315.00	—	—	—	—	—	—
2	1	178.1%	0.90	0.00	2.15	320.00	—	—	—	—	—	—
—	—	—	—	—	—	325.00	41.90	45.30	53.70	96.9%	—	0

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the RCL put/call ratio?

For the October 9, 2026 expiration, the RCL put/call ratio based on open interest is 1.16 (2,270 puts vs 1,949 calls), and 0.51 based on today's volume. A ratio above 1 means more puts than calls.

What is RCL's implied volatility?

At-the-money implied volatility for RCL options expiring October 9, 2026 is about 61.5%, an annualized estimate of how much the market expects Royal Caribbean Cruises stock to move.

How many RCL option expiration dates are there?

RCL has 14 listed expiration dates, from Oct 9, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.