Financial giants have made a conspicuous bearish move on Booking Holdings. Our analysis of options history for Booking Holdings BKNG revealed 24 unusual trades.
Delving into the details, we found 25% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 11 were puts, with a value of $744,733, and 13 were calls, valued at $1,275,632.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $2000.0 to $4250.0 for Booking Holdings during the past quarter.
Analyzing Volume & Open Interest
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Booking Holdings's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Booking Holdings's significant trades, within a strike price range of $2000.0 to $4250.0, over the past month.
Booking Holdings 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BKNG | CALL | SWEEP | BEARISH | 06/21/24 | $902.5 | $884.1 | $891.37 | $3100.00 | $355.5K | 34 | 0 |
| BKNG | CALL | TRADE | NEUTRAL | 01/17/25 | $2059.8 | $2051.5 | $2055.0 | $2000.00 | $205.5K | 245 | 6 |
| BKNG | CALL | TRADE | BULLISH | 01/17/25 | $2042.0 | $2035.9 | $2042.0 | $2000.00 | $204.2K | 245 | 5 |
| BKNG | PUT | TRADE | NEUTRAL | 01/17/25 | $390.4 | $371.6 | $381.0 | $4200.00 | $190.5K | 34 | 0 |
| BKNG | PUT | TRADE | NEUTRAL | 01/17/25 | $335.3 | $316.7 | $326.0 | $4100.00 | $163.0K | 10 | 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
- With a trading volume of 59,852, the price of BKNG is up by 0.6%, reaching $3996.84.
- Current RSI values indicate that the stock is may be overbought.
- Next earnings report is scheduled for 42 days from now.
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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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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