thetaOwl

BKNG

Booking Holdings Inc. Common StClose $159.68EOD only
Max Pain
$160.00
Next expiry May 22, 2026
Expected Move
±$3.27
2.0% from close
Price Gap
+0.32
Distance to max pain
IV Rank
13
Low premium
P/C OI
0.84
Slightly call-heavy
Consensus
6.5/10
Bearish tilt
Published snapshot: May 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
May 21, 2026 close
BKNG AI Consensus Report
Analysis based on market close May 22, 2026

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

Conviction
6.0

out of 10

6 not 7 because mixed flow and lack of catalyst reduce certainty; earnings tail risk in 68 days caps upside.

Where Perspectives Agree

Bullish pin near $160 with dealer gamma support and high IV creating premium-selling opportunities.

Where They Diverge

Mixed flow with negative net premium undermines directional conviction but gamma remains supportive.

Top Trade
via theta

Sell 2026-07-17 $148/$134 put spread for $2.00 credit

Key Risk

Break below $160 support flips dealer gamma and triggers stop-loss cascade, accelerating to $140 gamma flip.

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