Booking Holdings Unusual Options Activity For July 14
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for Booking Holdings (NASDAQ:BKNG), with a predominantly bearish stance. The majority of the trades are puts, with a total amount of $475,400, and calls amounting to $668,554. The targeted price range for Booking Holdings over the last 3 months is from $2680.0 to $3000.0. Barclays maintains an Overweight rating on Booking Holdings with a price target of $3130, while JMP Securities and Wedbush have downgraded their actions with price targets of $3000 and $3060 respectively.
July 14, 2023 | 4:04 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Booking Holdings has seen unusual options activity, with a bearish stance. Barclays maintains an Overweight rating with a price target of $3130, while JMP Securities and Wedbush have downgraded their actions with price targets of $3000 and $3060 respectively.
The unusual options activity, predominantly bearish, indicates that investors are expecting the price of Booking Holdings to decrease. This, combined with the downgrades from JMP Securities and Wedbush, could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100