Financial giants have made a conspicuous bearish move on Booking Holdings. Our analysis of options history for Booking Holdings BKNG revealed 36 unusual trades.
Delving into the details, we found 47% of traders were bullish, while 52% showed bearish tendencies. Out of all the trades we spotted, 8 were puts, with a value of $352,534, and 28 were calls, valued at $2,169,856.
Projected Price Targets
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $2000.0 and $3900.0 for Booking Holdings, spanning the last three months.
Insights into 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 $2000.0 to $3900.0 over the preceding 30 days.
Booking Holdings 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| BKNG | CALL | TRADE | BULLISH | 01/16/26 | $3460.00 | $326.5K | 18 | 10 |
| BKNG | CALL | TRADE | BULLISH | 01/16/26 | $3460.00 | $196.8K | 18 | 12 |
| BKNG | CALL | SWEEP | BULLISH | 01/16/26 | $3460.00 | $196.2K | 18 | 16 |
| BKNG | CALL | TRADE | BULLISH | 01/17/25 | $2000.00 | $152.2K | 50 | 0 |
| BKNG | CALL | TRADE | BULLISH | 01/17/25 | $2550.00 | $104.0K | 18 | 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 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.
After a thorough review of the options trading surrounding Booking Holdings, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Current Position of Booking Holdings
- Trading volume stands at 95,933, with BKNG's price down by 0.0%, positioned at $3430.25.
- RSI indicators show the stock to be may be approaching oversold.
- Earnings announcement expected in 57 days.
Professional Analyst Ratings for Booking Holdings
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $3933.0.
- An analyst from Wells Fargo has decided to maintain their Equal-Weight rating on Booking Holdings, which currently sits at a price target of $3435.
- Maintaining their stance, an analyst from Susquehanna continues to hold a Positive rating for Booking Holdings, targeting a price of $4100.
- An analyst from JMP Securities persists with their Market Outperform rating on Booking Holdings, maintaining a target price of $3950.
- An analyst from Barclays persists with their Overweight rating on Booking Holdings, maintaining a target price of $3800.
- An analyst from Seaport Global downgraded its action to Buy with a price target of $4380.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Booking Holdings with Benzinga Pro for real-time alerts.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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