Booking Holdings Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Booking Holdings (NASDAQ:BKNG) by a large investor, as noticed by Benzinga's options scanner. The overall sentiment of these big-money traders is split between 45% bullish and 54% bearish. The whales have been targeting a price range from $2450.0 to $3800.0 for Booking Holdings over the last 3 months. The price of BKNG is up 0.39% at $3172.53, with RSI indicators hinting at an overbought situation.
September 18, 2023 | 4:46 pm
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NEGATIVE IMPACT
A large investor has taken a bearish stance on Booking Holdings, with a target price range of $2450-$3800. The stock is currently up 0.39% at $3172.53.
The bearish stance taken by a large investor, along with the split sentiment among big-money traders, indicates potential downward pressure on the stock. The current price is nearing the lower end of the targeted range, and RSI indicators suggest the stock may be overbought, further supporting the potential for a price decrease.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100