thetaOwl

BKNG

Booking Holdings Inc. Common StClose $156.95EOD only
Max Pain
$160.00
Next expiry May 22, 2026
Expected Move
±$4.83
3.1% from close
Price Gap
+3.05
Distance to max pain
IV Rank
12
Low premium
P/C OI
0.85
Slightly call-heavy
Consensus
6.5/10
Consensus signal
Published snapshot: May 20, 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
May 20, 2026 close
BKNG AI Consensus Report
Analysis based on market close May 15, 2026

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

You are viewing an older report from May 15, 2026. A newer ai consensus report is available for May 20, 2026.

View latest report
Conviction
6.5

out of 10

6.5 not higher because earnings are 75 days out and VIX elevated adds tail risk; alignment among personas is strong but conviction capped by distant event and high IV.

Where Perspectives Agree

Bearish bias across all personas — downward pressure from negative GEX, heavy put flow, and spot below max pain reinforce a bearish pin to $154 support.

Where They Diverge

No major conflicts; all perspectives align on bearish directional bias and near-term downside risk.

Top Trade
via theta

Sell 2026-05-29 $155/$162.50 call spread for $0.65 credit

Key Risk

Break below $154 flips dealer gamma long, accelerating sell-off to $150 and invalidating the pin thesis.

How to Use These Reports
This ai consensus reflects the market close on May 15, 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.