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Sell Alert: Close Out Royal Caribbean Put Spread For A 94% Gain

Dan Amoss
By Dan AmossPosted March 7, 2022

Russia’s invasion of Ukraine caused investors to dump consumer discretionary stocks which consume lots of oil. That includes cruise liners like RCL.
The stock is starting to discount a softer cruise recovery with higher fuel prices.
Our put spread has returned a large portion of its maximum profit potential despite holding for only a few weeks. So, we recommend exiting this trade for profits now.

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Dan Amoss

Dan Amoss

Dan Amoss, CFA, tracks aggressive accounting and other red flags that markets miss. He’s a student of the Austrian School of economics and Daily Reckoning fan since 2000. Agora Financial relies on Dan for macro market commentary as well as profitable plays like his 2008 call to readers to buy Lehman Bros. puts, which...

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