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: Jun 17, 2027
Days to expiration: 249
Share price: $282.26
Put/call ratio (OI): 2.04
Put/call ratio (volume): 15.10
ATM implied volatility: 44.1%
Expected move: ±$102.90
Open interest (C / P): 2.45K / 4.99K

RCL options summary

The RCL options chain for the June 17, 2027 expiration lists 38 call and 30 put contracts, with 249 days until expiration. Open interest stands at 2,446 calls and 4,987 puts, a put/call ratio of 2.04, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $280.00 strike is 44.1%, which implies the market expects a move of about ±$102.90 (36.5%) in Royal Caribbean Cruises stock by expiration.

The most open interest sits at the $300.00 call (1.04K contracts) and the $130.00 put (1.81K contracts).

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

RCL options chain · June 17, 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
—	—	—	—	—	—	130.00	0.80	1.90	1.45	53.5%	1,777	1,809
—	—	—	—	—	—	135.00	0.85	2.60	2.83	53.8%	1	1
2	1	55.5%	115.75	138.70	141.80	145.00	1.25	2.85	5.60	51.0%	2	12
1	—	54.7%	142.50	134.10	137.20	150.00	1.40	3.60	2.58	50.9%	16	27
10	2	54.0%	77.77	129.50	132.70	155.00	1.75	3.60	2.87	53.2%	4	1,013
6	2	53.5%	74.00	125.10	128.20	160.00	2.05	4.60	3.32	54.2%	16	24
7	1	52.4%	85.73	120.70	123.40	165.00	3.00	5.10	7.33	50.1%	2	15
13	2	52.5%	118.50	116.40	119.40	170.00	3.50	5.00	8.10	50.7%	2	123
9	7	51.9%	67.20	112.00	115.10	175.00	4.00	5.50	7.02	49.8%	2	14
11	1	50.8%	98.80	107.70	110.40	180.00	4.00	6.20	5.30	49.3%	2	20
—	—	—	—	—	—	185.00	4.70	7.40	6.20	49.9%	3	143
15	1	52.6%	62.00	99.50	102.10	190.00	4.90	8.30	6.61	49.5%	583	597
—	—	—	—	—	—	195.00	6.30	9.00	8.90	48.5%	2	12
72	5	52.8%	91.09	91.40	94.80	200.00	6.70	9.30	8.60	46.8%	2	230
2	1	51.6%	88.10	83.80	87.10	210.00	8.90	12.30	10.64	47.4%	1	195
16	1	49.9%	78.00	76.50	79.30	220.00	11.80	14.10	15.00	45.4%	3	118
58	1	48.8%	61.30	69.60	72.20	230.00	14.60	17.60	16.00	45.6%	2	53
50	5	47.8%	65.60	62.80	65.40	240.00	17.90	20.80	19.60	44.8%	1	65
97	9	47.5%	57.50	56.60	59.50	250.00	21.50	24.40	21.80	44.0%	5	76
44	2	46.9%	51.80	51.10	53.80	260.00	25.80	28.60	27.40	43.5%	1	63
46	1	46.6%	49.95	45.80	48.60	270.00	30.20	33.20	32.00	43.0%	9	97
18	58	46.3%	42.00	41.10	43.90	280.00	35.30	37.60	36.30	41.9%	1	225
RCL $282.26
8	14	46.1%	38.40	36.50	39.50	290.00	40.60	43.40	39.80	41.9%	1	14
1,041	1	45.4%	33.30	32.70	35.10	300.00	46.30	49.20	52.25	41.5%	1	18
24	3	45.2%	30.00	28.80	31.40	310.00	0.00	0.00	43.90	—	—	0
70	1	45.2%	26.90	25.40	28.30	320.00	59.00	61.90	59.70	40.7%	1	13
260	16	45.1%	24.80	22.30	25.30	330.00	65.60	68.60	85.80	40.2%	3	3
50	3	45.0%	21.90	19.60	22.60	340.00	73.60	75.80	91.00	39.8%	4	5
156	1	44.3%	19.20	17.40	19.70	350.00	0.00	0.00	64.70	—	—	0
21	1	44.8%	7.00	15.10	18.00	360.00	88.20	91.50	125.10	39.6%	—	2
76	2	44.8%	16.00	13.30	16.10	370.00	—	—	—	—	—	—
103	1	44.9%	15.10	11.50	14.50	380.00	—	—	—	—	—	—
16	1	45.1%	10.59	10.10	13.10	390.00	—	—	—	—	—	—
42	1	45.2%	10.16	8.70	11.80	400.00	—	—	—	—	—	—
9	4	50.7%	24.10	11.90	14.40	410.00	—	—	—	—	—	—
27	2	45.5%	1.70	6.50	9.60	420.00	—	—	—	—	—	—
2	1	45.7%	7.50	5.10	8.70	430.00	—	—	—	—	—	—
2	—	46.0%	1.00	4.90	8.00	440.00	—	—	—	—	—	—
7	2	46.3%	3.28	4.20	7.30	450.00	—	—	—	—	—	—
36	4	46.4%	1.45	3.70	6.60	460.00	—	—	—	—	—	—
0	1	12.5%	8.00	0.00	0.00	470.00	—	—	—	—	—	—
19	3	47.0%	3.10	2.75	5.60	480.00	—	—	—	—	—	—

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 June 17, 2027 expiration, the RCL put/call ratio based on open interest is 2.04 (4,987 puts vs 2,446 calls), and 15.10 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 June 17, 2027 is about 44.1%, 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.