Royal Caribbean Cruises (RCL) Options Chain

NYSE: RCLConsumer DiscretionaryMarine TransportationUSD

282.26+0.85 (+0.30%)

At close: Oct 9, 4:02 PM ET · Delayed 15 min

Expiration date

Expiration: Jan 15, 2027
Days to expiration: 96
Share price: $282.26
Put/call ratio (OI): 0.99
Put/call ratio (volume): 3.77
ATM implied volatility: 43.8%
Expected move: ±$63.44
Open interest (C / P): 12.87K / 12.68K

RCL options summary

The RCL options chain for the January 15, 2027 expiration lists 55 call and 55 put contracts, with 96 days until expiration. Open interest stands at 12,872 calls and 12,680 puts, a put/call ratio of 0.99, which is fairly balanced between calls and puts. At-the-money implied volatility near the $280.00 strike is 43.8%, which implies the market expects a move of about ±$63.44 (22.5%) in Royal Caribbean Cruises stock by expiration.

The most open interest sits at the $310.00 call (3.22K contracts) and the $90.00 put (1.18K contracts).

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

RCL options chain · January 15, 2027

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
1	1	217.3%	222.43	206.80	210.50	85.00	0.00	0.65	0.10	102.8%	1	124
6	1	100.6%	141.30	191.00	194.30	90.00	0.00	0.25	0.08	87.3%	102	1,178
7	2	197.9%	200.90	196.50	200.50	95.00	0.00	2.60	0.82	116.3%	11	35
1	2	97.5%	125.60	181.10	184.60	100.00	0.05	1.05	0.50	96.5%	10	34
4	1	182.2%	214.70	186.60	190.60	105.00	0.00	1.35	0.43	95.3%	1	1,059
6	80	90.3%	144.20	171.30	174.50	110.00	0.00	0.00	0.25	25.0%	100	0
4	1	87.3%	130.71	166.30	169.60	115.00	0.00	1.50	0.98	88.6%	1	26
7	2	—	204.90	143.70	147.20	120.00	0.00	1.35	0.31	83.3%	1	143
149	1	80.8%	111.52	156.30	159.70	125.00	0.00	1.40	1.01	80.2%	1	44
51	40	180.7%	140.00	169.00	173.50	130.00	0.00	0.40	0.25	64.1%	1	293
9	30	168.9%	126.00	162.00	168.05	135.00	0.00	0.90	0.73	68.4%	5	1,143
23	1	75.5%	96.60	141.70	145.00	140.00	0.00	0.90	0.30	65.3%	780	733
3	1	232.9%	222.80	175.80	178.95	145.00	0.00	1.15	0.72	64.8%	2	40
52	2	—	173.21	115.00	117.90	150.00	0.00	1.00	0.95	60.5%	1	161
4	1	—	180.68	107.00	111.50	155.00	0.00	1.25	1.47	59.7%	1	50
7	1	121.5%	129.00	133.30	136.90	160.00	0.00	1.35	0.50	57.7%	71	156
115	1	64.0%	79.63	117.20	120.40	165.00	0.00	1.25	2.39	54.2%	1	66
58	4	62.2%	121.00	112.40	115.50	170.00	0.30	1.55	0.75	55.2%	10	106
69	8	59.5%	113.45	107.50	110.50	175.00	0.50	1.45	1.03	53.0%	1	176
20	5	58.0%	59.89	102.70	105.70	180.00	0.20	1.70	0.87	50.0%	42	168
790	1	56.3%	74.40	97.90	100.90	185.00	0.10	1.75	0.50	53.8%	2	132
55	2	56.0%	41.70	93.20	96.50	190.00	0.45	2.00	1.39	52.6%	1	164
48	2	51.9%	38.00	88.40	90.90	195.00	0.65	2.15	1.50	50.6%	2	535
60	2	50.9%	91.21	83.70	86.30	200.00	1.10	2.45	2.05	49.4%	8	750
58	2	53.5%	74.61	74.60	77.10	210.00	2.10	3.90	2.87	50.0%	2	459
58	30	51.5%	72.00	65.80	68.40	220.00	3.10	4.70	3.80	46.9%	20	927
84	1	49.7%	60.00	57.50	60.10	230.00	5.40	6.00	5.80	44.7%	2	420
154	2	48.4%	50.00	50.30	52.30	240.00	7.60	9.10	7.84	46.2%	3	523
565	2	47.1%	44.40	42.40	45.00	250.00	10.10	12.40	10.60	46.5%	11	774
296	1	46.7%	38.10	35.80	38.60	260.00	13.10	15.10	14.30	44.3%	2	552
639	1	45.4%	31.31	29.80	32.30	270.00	16.10	19.70	17.45	44.8%	2	392
237	7	44.3%	23.30	24.50	26.70	280.00	21.20	23.90	23.75	43.4%	7	365
RCL $282.26
253	1	43.6%	21.46	20.20	21.90	290.00	26.60	29.30	28.25	43.0%	1	252
421	2	44.4%	17.10	16.70	18.60	300.00	32.50	35.40	36.11	42.8%	1	131
3,223	5	43.1%	14.90	12.50	14.60	310.00	40.00	41.90	51.60	42.3%	3	136
284	7	42.8%	10.00	9.80	11.70	320.00	47.00	49.10	62.40	42.1%	3	122
1,130	2	44.9%	8.90	8.20	10.50	330.00	54.20	56.70	97.10	41.8%	3	143
266	4	42.4%	6.20	6.40	7.40	340.00	62.50	65.00	98.20	42.1%	1	76
503	1	44.9%	4.90	5.00	6.90	350.00	71.00	73.60	92.40	42.4%	1	50
321	1	45.0%	4.50	3.30	5.60	360.00	79.90	82.40	97.26	42.5%	1	0
540	2	43.5%	3.20	1.90	4.00	370.00	80.20	83.10	84.70	—	1	21
376	1	43.3%	3.50	2.00	3.10	380.00	98.00	101.00	150.31	43.9%	1	0
211	3	44.6%	2.35	1.25	2.75	390.00	97.90	101.30	79.20	—	2	16
376	13	45.4%	2.25	0.50	2.35	400.00	117.30	120.10	170.23	45.5%	1	0
244	1	48.0%	1.55	0.25	2.40	410.00	127.00	129.90	180.25	46.9%	1	0
122	1	45.9%	0.51	0.40	1.55	420.00	136.40	140.00	138.90	49.6%	1	0
123	3	45.7%	0.20	0.25	1.20	430.00	146.60	149.80	189.66	50.8%	1	0
99	2	47.2%	0.65	0.20	1.15	440.00	156.90	159.80	203.80	52.9%	—	0
62	2	48.7%	0.69	0.05	1.10	450.00	183.90	187.60	157.70	100.2%	1	2
28	10	68.9%	8.00	3.70	6.10	460.00	176.30	179.80	211.30	56.8%	—	0
0	20	25.0%	1.10	0.00	0.00	470.00	184.90	188.50	159.00	49.3%	1	1
45	5	55.9%	0.10	0.00	1.35	480.00	0.00	0.00	167.93	—	1	0
30	1	52.3%	0.31	0.00	1.50	490.00	228.50	232.30	195.70	119.8%	1	1
124	1	52.1%	0.10	0.00	1.20	500.00	216.60	219.80	254.25	50.4%	1	0
451	1	53.6%	0.05	0.00	0.50	520.00	236.20	239.80	274.21	67.3%	1	1

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 January 15, 2027 expiration, the RCL put/call ratio based on open interest is 0.99 (12,680 puts vs 12,872 calls), and 3.77 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 January 15, 2027 is about 43.8%, 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 13 listed expiration dates, from Oct 16, 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.