Royal Caribbean Cruises Ltd. (RCL) Open Interest History

Open interest tracks the total number of outstanding options contracts. Rising OI alongside price moves can indicate growing commitment to the trend; declining OI suggests positions are being closed.

Royal Caribbean Cruises Ltd. (RCL) operates in the Consumer Cyclical sector, specifically the Travel Services industry, with a market capitalization near $70.86B, listed on NYSE, employing roughly 105,950 people, carrying a beta of 1.78 to the broader market. Royal Caribbean Cruises Ltd. Led by Jason T. Liberty, public since 1993-04-28.

Snapshot as of May 15, 2026.

Spot Price
$260.24
Call OI
55.3K
Put OI
79.2K
Total OI
134.6K
Put/Call Ratio
7.60

As of May 15, 2026, Royal Caribbean Cruises Ltd. (RCL) has 134.6K total contracts outstanding across all expirations. Put/call OI ratio is 1.43 (put-heavy positioning, often indicating hedging or bearish bias). Open interest reflects accumulated positions from prior sessions; persistent growth indicates sustained directional or hedging interest, while sharp drops typically mean post-expiration clean-up.

How RCL open interest history Data Feeds Strategy Selection

Strategy selection on Royal Caribbean Cruises Ltd. options does not derive from any single metric in isolation. The open interest history view above sits inside a broader read: ATM IV currently sits at 48.1% and dealer gamma exposure is negative, so dealer hedging amplifies directional moves. Combine the open interest history data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.

Learn how open interest is reported and how to read the data →

RCL highest open-interest contracts

TypeStrikeExpirationVolumeOIIVBidAsk
PUT$250.00Sep 18, 20266.3K40651.1%$24.20$24.90

Top 1 contracts from the ORATS-sourced nightly scan; ranked by oi within the broader S&P 500/400/600 + ETF universe.

Frequently asked RCL open interest history questions

What is the current RCL options open interest?
As of May 15, 2026, Royal Caribbean Cruises Ltd. (RCL) has 134.6K total contracts outstanding across all listed expirations, split as 55.3K calls and 79.2K puts. Open interest reflects accumulated positions from prior trading sessions; it does not include today's volume until end-of-day reconciliation.
What is the RCL put/call open interest ratio?
Put/call OI ratio of 1.43 is put-heavy, often indicating hedging demand or bearish positioning.
What does RCL open interest tell traders?
Persistent OI growth indicates sustained directional or hedging interest; sharp drops typically mean post-expiration position cleanup. Heavy OI concentrations at specific strikes act as support and resistance levels because dealer hedging amplifies near those strikes - the gamma profile of the dealer book is concentrated there. Comparing today's volume to standing OI separates opening flow from closing flow.