Looking At Booking Holdings's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Recent unusual options activity in Booking Holdings (NASDAQ:BKNG) indicates a bearish sentiment among deep-pocketed investors, with a notable division in sentiment (37% bullish, 50% bearish). The activity includes 2 puts and 6 calls with a price target range of $3510.0 to $4350.0. Current market analysis shows BKNG's stock slightly up by 0.09% at $3537.22, with a neutral RSI and an earnings announcement expected in 8 days. Analyst ratings from Wedbush and B. Riley Securities suggest a cautious but optimistic outlook with target prices of $3850 and $4400, respectively.
April 24, 2024 | 1:47 pm
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Booking Holdings shows bearish options activity with a price target range of $3510-$4350. Analysts have a cautiously optimistic outlook, with recent adjustments in ratings and price targets.
The bearish sentiment from options activity is counterbalanced by cautious optimism from analysts, suggesting a mixed short-term impact. The upcoming earnings announcement adds uncertainty, making it difficult to predict a clear direction.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100