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Looking At Booking Holdings's Recent Unusual Options Activity

Benzinga ·  Jun 15 00:15

Whales with a lot of money to spend have taken a noticeably bullish stance on Booking Holdings.

Looking at options history for Booking Holdings (NASDAQ:BKNG) we detected 19 trades.

If we consider the specifics of each trade, it is accurate to state that 47% of the investors opened trades with bullish expectations and 15% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $1,297,700 and 16, calls, for a total amount of $826,781.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $2800.0 to $4900.0 for Booking Holdings over the recent three months.

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 $2800.0 to $4900.0, over the past month.

Booking Holdings Call and Put Volume: 30-Day Overview

Options Call Chart

Significant Options Trades Detected:

SymbolPUT/CALLTrade TypeSentimentExp. DateAskBidPriceStrike PriceTotal Trade PriceOpen InterestVolume
BKNGPUTTRADEBEARISH01/16/26$580.0$568.0$580.0$4100.00$1.1M620
BKNGCALLTRADEBULLISH01/17/25$1152.0$1147.4$1152.0$2800.00$115.2K2321
BKNGCALLTRADEBULLISH01/17/25$1145.0$1140.3$1145.0$2800.00$114.5K2320
BKNGPUTTRADEBEARISH08/16/24$93.7$87.1$93.7$3700.00$93.7K170
BKNGCALLTRADEBULLISH10/18/24$470.3$455.0$464.61$3500.00$92.9K40

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.

In light of the recent options history for Booking Holdings, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Where Is Booking Holdings Standing Right Now?

  • Currently trading with a volume of 50,951, the BKNG's price is down by 0.0%, now at $3856.14.
  • RSI readings suggest the stock is currently may be approaching overbought.
  • Anticipated earnings release is in 48 days.

What Analysts Are Saying About Booking Holdings

Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $4342.0.

  • An analyst from Argus Research persists with their Buy rating on Booking Holdings, maintaining a target price of $4342.

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.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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