Home Options BKNGReports

BKNG

Booking Holdings Inc. Common StClose $174.64EOD only

Max Pain

$170.00

Next expiry Jun 18, 2026

Expected Move

±$6.22

3.6% from close

Price Gap

-4.64

Distance to max pain

IV Rank

Middle-high premium

P/C OI

0.82

Slightly call-heavy

Consensus

6.5/10

Bullish tilt

Published snapshot: Jun 15, 2026 close

End-of-day snapshot

This page reflects BKNG options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot

Jun 15, 2026 close

BKNG Flow Report

Analysis based on market close June 16, 2026

Directional Theta Gang Flow Earnings Consensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

Flow Verdict

Confidence:

5.5 / 10

base 5; -1 GEX/flow contradict; +1 GEX positive (pinning); -0.5 spot 3.4% from MP; +1 VIX 16

Watch next session: 172 gamma flip; 170 support; 180 resistance

Flow Summary

Net premium: -$6.6M bearish

P/C volume ratio: 0.93

P/C OI ratio: 0.83

Mixed flow with large call buys and put buy. Positive GEX pinning near 172. Market risk-off but gamma support. Bias bullish.

Notable Prints

BKNG 2027-03-19 $154.80 Call

Vol: 706

OI: 276

Vol/OI: 2.6x

IV: 55.7%

Notional: ~$1.8M

Intent: Bullish opening call purchase

Read-through: Indicates strong bullish outlook

BKNG 2027-03-19 $164.00 Call

Vol: 156

OI: 100

Vol/OI: 1.6x

IV: 54.4%

Notional: ~$376K

Intent: Possible same buyer scaling

Read-through: Reinforces bullish sentiment

BKNG 2026-07-17 $224.00 Put

Vol: 150

OI: 100

Vol/OI: 1.5x

IV: 64.9%

Notional: ~$915K

Intent: Hedging or bearish speculation

Dual read: Could be protective put

Read-through: Bearish skew in OTM puts

Institutional Positioning

Call additions: Long-dated deep ITM calls at $154.8 and $164 (2027) with high vol/oi

Put additions: Far-dated OTM put at $224 (2026) with vol/oi 1.5

GEX/DEX consistency: Both GEX (+$28.5M) and DEX (+21.4M) positive, consistent

OI clusters: Put OI concentrated ~2.1% below spot near $172

Hedging evidence: Long-dated call/put pairs suggest collar or tail hedge

Max pain context: Spot above MP by ~3.4%; MP likely near lower levels

Signal vs Noise

~Unusual call volume on deep ITM long-dated calls is bullish signal

~Put activity on far-dated OTM put likely noise or tail hedge

~Positive GEX/DEX consistent with pinning but flow regime mixed

Key Conclusions

🟢Institutions adding long-dated bullish calls; net premium negative suggests hedged bets

⚠️Spot above MP by 3.4% but VIX low (16); pinning risk supports ceiling

🔴Put addition at $224 is isolated; likely tail hedge not bearish flow

How to Use These Reports

This flow reflects the market close on June 16, 2026.

What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.