Shares of Priceline.com PCLN are higher on the session by 2.86%, currently trading at $455.40. The stock has been moving largely higher over the past six months and is currently trading well above the 50-day and 200-day moving averages.
Shares ticked a fresh 52-week high this morning, at $459.10, sparking front month calls buyers. Within the first hour and a half of trading PCLN has traded 19,000 calls and 9,000 puts, which is roughly the daily average for both contracts.
The vast majority of the action is coming in the front month on every strike between $440 and $480.
Priceline.com Incorporated is an online travel company, which offers a range of travel services, including hotel rooms, car rentals, airline tickets, vacation packages, cruises and destination services. Internationally, the company offers customers hotel room reservations in over 90 countries and 32 languages.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in