Financial giants have made a conspicuous bullish move on Booking Holdings. Our analysis of options history for Booking Holdings BKNG revealed 17 unusual trades.
Delving into the details, we found 47% of traders were bullish, while 41% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $179,720, and 11 were calls, valued at $522,810.
Expected Price Movements
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $3500.0 and $4250.0 for Booking Holdings, spanning the last three months.
Volume & Open Interest Development
In today's trading context, the average open interest for options of Booking Holdings stands at 84.0, with a total volume reaching 40.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Booking Holdings, situated within the strike price corridor from $3500.0 to $4250.0, throughout the last 30 days.
Booking Holdings 30-Day Option Volume & Interest Snapshot
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BKNG | CALL | TRADE | NEUTRAL | 09/20/24 | $181.3 | $172.7 | $177.5 | $4100.00 | $177.5K | 16 | 0 |
| BKNG | CALL | TRADE | BULLISH | 07/19/24 | $537.8 | $526.3 | $535.0 | $3500.00 | $53.5K | 19 | 0 |
| BKNG | CALL | TRADE | BEARISH | 01/17/25 | $395.0 | $379.8 | $383.35 | $4000.00 | $38.3K | 205 | 2 |
| BKNG | CALL | TRADE | BULLISH | 01/17/25 | $356.5 | $340.4 | $353.85 | $4050.00 | $35.3K | 12 | 1 |
| BKNG | CALL | TRADE | BULLISH | 06/28/24 | $87.9 | $73.1 | $85.0 | $3940.00 | $34.0K | 7 | 0 |
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.
Present Market Standing of Booking Holdings
- Currently trading with a volume of 48,070, the BKNG's price is up by 0.67%, now at $4007.73.
- RSI readings suggest the stock is currently may be overbought.
- Anticipated earnings release is in 37 days.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Booking Holdings with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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