Bullish option flow detected in Royal Caribbean (RCL) with 16,668 calls trading, 6x expected, and implied vol increasing over 1 point to 41.29%. Dec-25 80 calls and Dec-25 62.5 calls are the most active options, with total volume in those strikes near 10,800 contracts. The Put/Call Ratio is 0.09. Earnings are expected on October 28th.
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