A Closer Look at Booking Holdings's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bullish interest in Booking Holdings (NASDAQ:BKNG) through options trading. Analysis reveals 17 unusual trades with a mix of bullish and bearish sentiments. The stock is currently trading at $4007.73, up by 0.67%, but RSI suggests it may be overbought. The anticipated earnings release is in 37 days.
June 25, 2024 | 4:03 pm
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Booking Holdings has seen significant options activity with a mix of bullish and bearish trades. The stock is currently trading at $4007.73, up by 0.67%, but RSI suggests it may be overbought. The anticipated earnings release is in 37 days.
The significant options activity, particularly the higher value of call options compared to puts, indicates a bullish sentiment among traders. The stock's current price increase and the upcoming earnings release add to the positive outlook. However, the RSI suggests caution as the stock may be overbought.
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