Financial giants have made a conspicuous bearish move on Booking Holdings. Our analysis of options history for Booking Holdings BKNG revealed 35 unusual trades.
Delving into the details, we found 34% of traders were bullish, while 65% showed bearish tendencies. Out of all the trades we spotted, 15 were puts, with a value of $888,075, and 20 were calls, valued at $1,144,726.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $1880.0 to $4100.0 for Booking Holdings over the recent three months.
Analyzing Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Booking Holdings options trades today is 52.0 with a total volume of 233.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Booking Holdings's big money trades within a strike price range of $1880.0 to $4100.0 over the last 30 days.
Booking Holdings Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| BKNG | CALL | SWEEP | BEARISH | 12/01/23 | $3040.00 | $484.5K | 46 | 4 |
| BKNG | PUT | TRADE | NEUTRAL | 06/20/25 | $3200.00 | $191.8K | 1 | 0 |
| BKNG | PUT | SWEEP | BULLISH | 04/19/24 | $2960.00 | $101.3K | 1 | 10 |
| BKNG | PUT | SWEEP | BEARISH | 04/19/24 | $2930.00 | $100.6K | 21 | 0 |
| BKNG | CALL | TRADE | NEUTRAL | 12/01/23 | $2800.00 | $73.1K | 6 | 1 |
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 a number of 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.
Following our analysis of the options activities associated with Booking Holdings, we pivot to a closer look at the company's own performance.
Present Market Standing of Booking Holdings
- Currently trading with a volume of 142,380, the BKNG's price is down by 0.0%, now at $3125.7.
- RSI readings suggest the stock is currently may be overbought.
- Anticipated earnings release is in 83 days.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Booking Holdings, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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