Whales with a lot of money to spend have taken a noticeably bullish stance on Booking Holdings.
Looking at options history for Booking Holdings BKNG we detected 40 trades.
If we consider the specifics of each trade, it is accurate to state that 37% of the investors opened trades with bullish expectations and 32% with bearish.
From the overall spotted trades, 17 are puts, for a total amount of $1,067,958 and 23, calls, for a total amount of $2,622,119.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $2000.0 to $4250.0 for Booking Holdings over the recent three months.
Volume & Open Interest Development
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Booking Holdings's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Booking Holdings's whale activity within a strike price range from $2000.0 to $4250.0 in the last 30 days.
Booking Holdings Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
BKNG | CALL | SWEEP | BULLISH | 06/20/25 | $554.1 | $529.1 | $545.0 | $3470.00 | $1.1M | 30 | 0 |
BKNG | CALL | TRADE | BULLISH | 06/20/25 | $545.0 | $528.0 | $545.0 | $3470.00 | $163.5K | 30 | 24 |
BKNG | CALL | TRADE | BULLISH | 06/20/25 | $545.0 | $528.0 | $545.0 | $3470.00 | $163.5K | 30 | 21 |
BKNG | CALL | TRADE | BULLISH | 01/17/25 | $1601.0 | $1590.8 | $1601.0 | $2000.00 | $160.1K | 152 | 1 |
BKNG | CALL | TRADE | BULLISH | 01/17/25 | $1597.0 | $1585.1 | $1597.0 | $2000.00 | $159.7K | 152 | 4 |
About Booking Holdings
Booking is the world's largest online travel agency by sales, offering booking and payment services for hotel and alternative accommodation rooms, airline tickets, rental cars, restaurant reservations, cruises, experiences, and other vacation packages. The company operates several branded travel booking sites, including Booking.com, Agoda, OpenTable, and Rentalcars.com, and has expanded into travel media with the acquisitions of Kayak and Momondo. Transaction fees for online bookings account for the bulk of revenue and profits.
Having examined the options trading patterns of Booking Holdings, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Booking Holdings's Current Market Status
- With a trading volume of 127,129, the price of BKNG is down by -1.04%, reaching $3540.0.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 87 days from now.
What The Experts Say On Booking Holdings
In the last month, 5 experts released ratings on this stock with an average target price of $3968.8.
- Maintaining their stance, an analyst from DA Davidson continues to hold a Buy rating for Booking Holdings, targeting a price of $4150.
- An analyst from Wedbush has revised its rating downward to Outperform, adjusting the price target to $3850.
- Maintaining their stance, an analyst from Evercore ISI Group continues to hold a Outperform rating for Booking Holdings, targeting a price of $4500.
- Consistent in their evaluation, an analyst from Wells Fargo keeps a Equal-Weight rating on Booking Holdings with a target price of $3494.
- Reflecting concerns, an analyst from Wedbush lowers its rating to Outperform with a new price target of $3850.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Booking Holdings options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.