Booking Holdings Unusual Options Activity For July 16
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown unusual options activity for Booking Holdings (NASDAQ:BKNG), with a significant number of bearish trades. This suggests potential volatility in the stock. Analysts have mixed ratings, with price targets ranging from $3497 to $4900.

July 16, 2024 | 4:01 pm
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Unusual options activity for Booking Holdings (NASDAQ:BKNG) indicates potential volatility. The majority of trades are bearish, suggesting a possible downward pressure on the stock. Analysts have mixed ratings with price targets ranging from $3497 to $4900.
The significant bearish options activity suggests that investors are expecting a decline in BKNG's stock price. The mixed analyst ratings and wide range of price targets further indicate uncertainty and potential volatility in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100