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BKNG

Booking Holdings Inc. Common StClose $190.86EOD only
Max Pain
$176.80
Next expiry Apr 24, 2026
Expected Move
±$5.47
2.9% from close
Price Gap
-14.06
Distance to max pain
IV Rank
16
Low premium
P/C OI
0.84
Slightly call-heavy
Consensus
5.5/10
Range bias
Published snapshot: Apr 21, 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
Apr 21, 2026 close
BKNG AI Consensus Report
Analysis based on market close April 22, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
6.0

out of 10

Score 6 because GEX/pinning and rich front-month premium align across personas enabling defined-risk sells, but mixed institutional flow and an imminent earnings/binary event leave one market shock able to invalidate the thesis.

Where Perspectives Agree

Market consensus is for a pinned, mean-reverting trade into the current price region with dealers’ gamma and option selling pressure supporting a soft ceiling and favorable premium-selling opportunities.

Where They Diverge

Flow signals of institutional accumulation and large directional prints argue for a breakout continuation that directly contradicts the dealer-pin/short-gamma equilibrium and the earnings persona’s caution around a binary event which could blow the pin.

Top Trade
via theta

Sell May 22 $168/$155 put spread for a net credit (defined-risk short put spread, expected credit).

Key Risk

Sustained break below $168 flips dealer gamma exposure from pinning to momentum — removes the magnet and accelerates downside toward the $155 put-wing, invalidating the sell-the-pin thesis.

How to Use These Reports
This ai consensus reflects the market close on April 22, 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.