Smart Money Is Betting Big In BKNG Options
Portfolio Pulse from Benzinga Insights
Financial giants have made a bearish move on Booking Holdings (NASDAQ:BKNG) with 34 unusual options trades, showing a higher percentage of bearish sentiment. The stock is currently trading at $3702.45, with analysts maintaining positive ratings and target prices above the current level.
August 21, 2024 | 4:33 pm
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Booking Holdings has seen a significant bearish sentiment in options trading, with more puts than calls. Despite this, analysts maintain positive ratings with target prices above the current trading level of $3702.45.
The article highlights a bearish sentiment in options trading for BKNG, with more puts than calls. This suggests a potential short-term downward pressure on the stock price. However, analysts maintain positive ratings and target prices above the current level, indicating a mixed outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100