ROYAL CARIBBEAN CRUISES LTD (RCL) Open Interest

ROYAL CARIBBEAN CRUISES LTD (RCL) has 27,783 call contracts and 64,925 put contracts open across all listed expirations — a put/call open interest ratio of 2.34. Open interest counts the contracts currently outstanding at each strike. This page shows where RCL positioning concentrates, which strikes act as walls, and how the totals have trended over the past year.

Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$293.87
52-week range
$246.76 – $365.86
ATM IV (30d)
35.7%
IV rank
4 / 100
Low
Expected move
±$23.30 (±7.9%)
Put/call OI
2.34
Put-heavy
Max pain
$290
↓ 1.3% below close
Next earnings
Oct 29, 2026

RCL Open Interest by Strike

05.1K10.1K15.2KSpotMax painCall wallPut wall225250272.50285297.50310322.50345

RCL open interest by strike, all expirations combined — calls in green, puts in red.

Total call open interest27,783
Total put open interest64,925
Put/call OI ratio2.34
Open interest rank (31 day)5 / 100
Call wall (largest call OI)$330
Put wall (largest put OI)$280
Top volume strike$290
Volume / OI ratio0.13

RCL Open Interest Trend

20.8K41.3K61.7K82.2K102.6KCall OIPut OIFeb '26May '26Aug '26

RCL total call vs. put open interest, past year.

1.091.471.842.222.60Feb '26May '26Aug '26

RCL put/call open interest ratio, past year.

A put/call open interest ratio of 2.34 means meaningfully more puts than calls are outstanding — elevated hedging or bearish positioning. In total, 27,783 call contracts and 64,925 put contracts are open across all listed expirations. The put/call OI ratio has risen from 1.42 in Feb '26 to 2.34 today.

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RCL Options FAQ

What is RCL's put/call ratio?

RCL's put/call open interest ratio is 2.34 as of Aug 24, 2026, with 64,925 put contracts and 27,783 call contracts outstanding.

Which RCL strikes have the highest open interest?

As of Aug 24, 2026, the largest call open interest sits at $330 (the call wall) and the largest put open interest sits at $280 (the put wall). Strikes with heavy open interest often act as reference levels because a lot of hedging activity is anchored to them.

Is RCL open interest unusually high right now?

RCL's total open interest ranks 5 out of 100 versus the past 31 trading days as of Aug 24, 2026 — toward the bottom of its recent range, so positioning is comparatively light.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.