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

Looking at options history for Booking Holdings (NASDAQ:BKNG) we detected 31 trades.

If we consider the specifics of each trade, it is accurate to state that 29% of the investors opened trades with bullish expectations and 64% with bearish.

From the overall spotted trades, 7 are puts, for a total amount of $285,901 and 24, calls, for a total amount of $2,263,422.

Expected Price Movements

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $4000.0 and $5800.0 for Booking Holdings, spanning the last three months.

Volume & Open Interest Trends

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 $4000.0 to $5800.0, over the past month.

Booking Holdings Call and Put Volume: 30-Day Overview

Biggest Options Spotted:

About Booking Holdings

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.

Booking Holdings's Current Market Status

• With a volume of 10,693, the price of BKNG is down -0.29% at $5196.0.
• RSI indicators hint that the underlying stock may be overbought.
• Next earnings are expected to be released in 90 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 $5131.0.

Unusual Options Activity Detected: Smart Money on the Move

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.