Spotlight on Booking Holdings: Analyzing the Surge in Options Activity

Benzinga's options scanner just detected over 11 options trades for Booking Holdings BKNG summing a total amount of $1,759,140.

At the same time, our algo caught 2 for a total amount of 59,390.

Latest Startup Investment Opportunities:

Predicted Price Range

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $1550.0 and $3800.0 for Booking Holdings, spanning the last three months.

Analyzing Volume & Open Interest

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Booking Holdings's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Booking Holdings's substantial trades, within a strike price spectrum from $1550.0 to $3800.0 over the preceding 30 days.

Booking Holdings Option Activity Analysis: Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
BKNG CALL TRADE BULLISH 01/16/26 $3520.00 $957.3K 16 13
BKNG CALL TRADE BULLISH 09/20/24 $1550.00 $203.3K 0 1
BKNG CALL TRADE BULLISH 09/20/24 $1550.00 $203.3K 0 1
BKNG CALL TRADE BULLISH 01/17/25 $2000.00 $166.2K 38 1
BKNG CALL TRADE BULLISH 06/21/24 $3430.00 $68.8K 6 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 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.

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 41,713, the BKNG's price is down by 0.0%, now at $3519.52.
  • RSI readings suggest the stock is currently may be approaching overbought.
  • Anticipated earnings release is in 24 days.

Expert Opinions on Booking Holdings

Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $3867.25.

  • An analyst from Goldman Sachs persists with their Neutral rating on Booking Holdings, maintaining a target price of $3610.
  • An analyst from Wells Fargo has elevated its stance to Equal-Weight, setting a new price target at $3459.
  • An analyst from BMO Capital has revised its rating downward to Outperform, adjusting the price target to $4150.
  • An analyst from Mizuho persists with their Buy rating on Booking Holdings, maintaining a target price of $4250.

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.

BKNG Logo
BKNGBooking Holdings Inc
$5600.000.53%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
87.55
Growth
42.97
Quality
Not Available
Value
17.04
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
Date of Trade
ticker
Put/Call
Strike Price
DTE
Sentiment

Comments
Loading...