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BKNG

Booking Holdings Inc. Common StClose $165.84EOD only
Max Pain
$170.00
Next expiry Jun 12, 2026
Expected Move
±$8.15
4.9% from close
Price Gap
+4.16
Distance to max pain
IV Rank
20
Low premium
P/C OI
0.85
Slightly call-heavy
Consensus
5.5/10
Bullish tilt
Published snapshot: Jun 5, 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 5, 2026 close
BKNG AI Consensus Report
Analysis based on market close June 8, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
4.5

out of 10

4.5 not 5.5 because the inverted IV term structure and mixed flow signals significantly undermine the pinning consensus — if the June 18 event passes without break, conviction rises to 6.

Where Perspectives Agree

All personas converge on a neutral-to-bullish range-bound regime near $155-$170, supported by positive GEX, put OI floor at $140, and call walls above — pinning the spot between support and resistance.

Where They Diverge

Earnings inverted IV term structure (10d > 4d) implies a near-term macro event (June 18) that could break the pin, directly contradicting theta's short strangle and directional's range-bound thesis. Flow shows bullish long-dated call buying but negative net premium ($-13.3M), creating a short-term vs long-term conflict.

Top Trade
via theta

Sell 2026-07-17 $162.00/$160.00 put spread for $0.65 credit — defined risk, profits from pinning above $162, max risk $1.35.

Key Risk

Break below $155.8 support triggers gamma flip at $140 and accelerates to $140 put floor — invalidates the pinning thesis across all personas.

How to Use These Reports
This ai consensus reflects the market close on June 8, 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.