Looking At Royal Caribbean Gr's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Royal Caribbean Gr (NYSE:RCL), with a bearish stance being taken by a majority of investors. The price range targeted by these investors over the last 3 months is from $82.5 to $120.0. The current price of RCL is up 2.14% at $103.73, with RSI indicators suggesting the stock may be overbought. B of A Securities and JP Morgan have maintained their Neutral and Overweight ratings on RCL, respectively.
June 30, 2023 | 8:16 pm
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Unusual options activity has been observed for Royal Caribbean Gr (NYSE:RCL), with a bearish stance being taken by a majority of investors. The stock may be overbought according to RSI indicators.
The bearish stance taken by a majority of investors in the unusual options activity suggests a potential downward movement in the stock price. Additionally, RSI indicators suggesting the stock may be overbought further supports this potential downward movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100